hello trader
quick recap frm last week
The euro-dollar is consolidating in a range between 1.09295 and 1.08350 before making fresh lows at 1.08022 and 1.11433, respectively, and finishing the week at level 1.07924 and breaking the uptrend stucture
Currently, the euro-dollar is trading lower, and I expect a support at level 1.07119.
Given that there have been numerous rejections at that level in the past, breaking the support level could push prices farther lower, all the way to 1.0629.
My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities.
Like and subscribe and happy trading to all
quick recap frm last week
The euro-dollar is consolidating in a range between 1.09295 and 1.08350 before making fresh lows at 1.08022 and 1.11433, respectively, and finishing the week at level 1.07924 and breaking the uptrend stucture
Currently, the euro-dollar is trading lower, and I expect a support at level 1.07119.
Given that there have been numerous rejections at that level in the past, breaking the support level could push prices farther lower, all the way to 1.0629.
My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities.
Like and subscribe and happy trading to all
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H&S