EUR/USD (D1)
EURUSD is stuck between 2 major price structures ..... A horizontal demand zone @ 1.0245 - 1.0295
along with a another major daily supply zone @1.0348 - 1.04085.
To catch a position I would personally wait for a breakout of one of these zones. Bullish breakout of a resistance will trigger a bullish continuation at least to 1.048. Bearish breakout of a confluence zone will push the market to 1.013 level.
for now just wait for confirmation stay patient and wait for a breakout To the downside because the resistance level is way more stronger than the support level.
Goodluck, Daymian
along with a another major daily supply zone @1.0348 - 1.04085.
To catch a position I would personally wait for a breakout of one of these zones. Bullish breakout of a resistance will trigger a bullish continuation at least to 1.048. Bearish breakout of a confluence zone will push the market to 1.013 level.
for now just wait for confirmation stay patient and wait for a breakout To the downside because the resistance level is way more stronger than the support level.
Goodluck, Daymian
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