Sells on EURUSD

1 mar 2023

Currently, on the 1h timeframe, EURUSD is in a choppy market ranging at 1.05896. A retest of the support level will be expected at 1.05800 and potential buys could be taken up until the 1.06100 range which will be the resistance level. From there will be expecting the price to retest the lows at 1.05700 and create a resistance level at 1.05800 which will be a sell zone as soon as a confirmation has occurred. Will be expecting the price to drop to around the 1.05500 range which will be my take profit. Let me know what you think. EURUSD_2023-03-01_04-24-52.png