TraderNeoh

EURUSD Trade Idea

FX:EURUSD   Euro / Dollar AS
In yesterday's analysis, I expected EU to probe back into the descending channel, which was exactly what the market performed. In today's trading session, I will be looking for short-term buying opportunities. Two scenarios that I am looking at

1. If EU finds further bullish momentum, that indicate that the breakout of the descending channel was a probe (Bullish)
2. If bearish momentum steps in, that could expose 1.1767 area as the next support zone (Bearish)

The higher timeframe picture remains bullish.

Trade safe.

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