EURUSD: Important Decision Ahead! Your Trading Plan 🇺🇸

Short

Euro / Dollaro (OANDA:EURUSD)

Aggiornato

OANDA:EURUSD Euro / Dollaro

trendanalysis supplyanddemand supportandresistance eurusd usdollar usd euro priceaction trader swing

Hey traders,

EURUSD is close to an important decision area.
1.1665 - 1.168 is the zone based on the summer's low.

Being broken (daily candle close below), the pair will most likely keep falling.
The next major support to watch will be 1.16 - 1.161 structure.

Alternatively, forming a reversal pattern within the decision area, the price may start a correction cycle.
Look for a confirmation to buy.
Next resistance will be 1.18

Wait for the reaction of the market and then follow!

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Commento:

Check my new idea on SILVER:

SILVER (XAGUSD): Weekly Time Frame Outlook 🪙

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Idee correlate

about XAUUSD 38

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