EURUSD - 27May2020, a day to confirm uptrend.
Diupdate
I will risk to say that we need a break higher, because tech structure looks very promising on daily.
Today is important stage of the legal formalization of uptrend.
Support imho very close if to expect next leg higher and I will keen on 1.0954 - 1.0939 zone as described on gp.
Cheers! And pls apply your own trading and mm rules in any case.
Today is important stage of the legal formalization of uptrend.
Support imho very close if to expect next leg higher and I will keen on 1.0954 - 1.0939 zone as described on gp.
Cheers! And pls apply your own trading and mm rules in any case.
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Resistance 1.0991 from horizontal trend line 4Htf key on close basis.Des trln res at 1.0997 and yesterday high
Asc trln res at 1.1021
Main daily target and main TrndCh daily res at 1.1060-70 lvl with key daily EMA also at this lvl.
Support 1.0952 / 1.0933 and main 1.0871 if bears can change the situation.
Expect bullish pressure to persist.
In any case pls apply your own trading and mm rules.
Cheers!
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In any case market is in bullish mode and 1.0931-34 if seen is another opportunity to buy from my point of view as we still targeting 1.1066/74 and 1.1121Cheers!
pls apply your own trading and mm rules.
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