Euro / DollaroLong
EurUsd D1
Trend: Bullish (long term); Bearish (short term);
Level: 1.1700 - 1.1800 resistance area;
Signal: - ;
Summary: Long term trend is still Bullish, so preferred entry would be long from support (in case resistance breakout). But would be wise to look, how price will react to resistance area - in case rejection short term trend will continue.
By the looks of H4 bullish momentum chances are high for uptrend continuation:
Level: 1.1700 - 1.1800 resistance area;
Signal: - ;
Summary: Long term trend is still Bullish, so preferred entry would be long from support (in case resistance breakout). But would be wise to look, how price will react to resistance area - in case rejection short term trend will continue.
By the looks of H4 bullish momentum chances are high for uptrend continuation:
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