EURUSD – Up
The pair on the 4Hour chart above has been plummeting towards the support 1.1448, I expect either a bounce of it at the line followed by a correction to the resistance zone 1.1538-1.1533 for possible downwards momentum, or, a clear breakout below the line followed by a correction to it for bearish momentum of price towards 1.1344.I sold this pair yesterday within 1.1538-1.1533 and I’m looking to pick my profits at 1.1448.Only short positions may be recommended on the chart above. Should there be a clear breakout above 1.1538-1.1533 with a big green candle, wait for retracement to it before you buy EUR.
Remain short to 1.1448.
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