Euro / DollaroLong
EURUSD should rise but please dont buy it on MONDAY!
Dear traders,
as you can see EURUSD is hitting a key support and it is expected to rise.
Yet we have to notice that the closing price on FRIDAY was a the bottom of the range that means that bears were in full control til the end of the day.
My humble idea is that: on MONDAY we do nothing and stay flat.
If price rebounds on Monday, then we buy the very next day.
If the support is broken, I will personally prefer not to sell EURUSD ans see id it rebounds in the nosy area between 1.07-1.08.
Cheers
R
as you can see EURUSD is hitting a key support and it is expected to rise.
Yet we have to notice that the closing price on FRIDAY was a the bottom of the range that means that bears were in full control til the end of the day.
My humble idea is that: on MONDAY we do nothing and stay flat.
If price rebounds on Monday, then we buy the very next day.
If the support is broken, I will personally prefer not to sell EURUSD ans see id it rebounds in the nosy area between 1.07-1.08.
Cheers
R
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.