The price perfectly fulfilled my previous idea. 
EURUSD has reached the bottom of the consolidation zone, testing a strong support area around 1.1000, where it has bounced before. On the monthly timeframe, the price is at last month's lows. A fake breakout and liquidity grab below the trendline and support could lead to strong upward momentum towards the major bullish trend. Additionally, with unemployment rate news set to be released today, we should be prepared for increased volatility, so it’s essential to monitor the market closely for confirmation. My target is resistance zone at 1.11030
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
EURUSD has reached the bottom of the consolidation zone, testing a strong support area around 1.1000, where it has bounced before. On the monthly timeframe, the price is at last month's lows. A fake breakout and liquidity grab below the trendline and support could lead to strong upward momentum towards the major bullish trend. Additionally, with unemployment rate news set to be released today, we should be prepared for increased volatility, so it’s essential to monitor the market closely for confirmation. My target is resistance zone at 1.11030Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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t.me/LingridChannel
🚀 Daily CRYPTO setups:
bit.ly/3JIGE2j
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🔥 Daily GOLD and Forex updates with 20,000+ active traders:
t.me/LingridChannel
🚀 Daily CRYPTO setups:
bit.ly/3JIGE2j
t.me/LingridChannel
🚀 Daily CRYPTO setups:
bit.ly/3JIGE2j
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.