Hi Traders!
EURUSD has reached its 3-month low, and there is likely to be a support bounce from here, which could mean a potential double-bottom chart pattern opportunity for long entries.
Price Action 📊
There is a lack of bearish momentum to break the three-month low at 1.06352; therefore, it is very likely there is a lot of bullish demand at this area.
Looking for a bounce up from this area to target the trendline resistance area.
Fundamental Analysis 📰
The market's outlook on the EUR has been recently positive, with the ECB raising interest rates by 25 basis points to 4.00%.
Support 📉
1.06352: 3 MONTH LOW
Resistance 📈
1.07807: FIRST RESISTANCE
1.08082: SECOND RESISTANCE
Risk ⚠️
No more than 2% of your capital.
Reward 💰
At least 4% of your capital.
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
EURUSD has reached its 3-month low, and there is likely to be a support bounce from here, which could mean a potential double-bottom chart pattern opportunity for long entries.
Price Action 📊
There is a lack of bearish momentum to break the three-month low at 1.06352; therefore, it is very likely there is a lot of bullish demand at this area.
Looking for a bounce up from this area to target the trendline resistance area.
Fundamental Analysis 📰
The market's outlook on the EUR has been recently positive, with the ECB raising interest rates by 25 basis points to 4.00%.
Support 📉
1.06352: 3 MONTH LOW
Resistance 📈
1.07807: FIRST RESISTANCE
1.08082: SECOND RESISTANCE
Risk ⚠️
No more than 2% of your capital.
Reward 💰
At least 4% of your capital.
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
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t.me/bluetonaFX
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
JOIN OUR FREE TELEGRAM CHANNEL
t.me/bluetonaFX
t.me/bluetonaFX
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.