EUR/USD:SELL From 1.000 Resistance Daily Analysis SHORT Setup

1 Nov 2022

The EUR/USD following our previous analysis, in the last few days, had a Pullback in the direction of the main trend, and today, prices still trying to recover some value opening the London session with a bullish candle. Today we will explain our Daily long-term vision for this pair. Today the price is trying to push long to recover some value, and our level of attention where the price can reach before another push-down is 1.000, even with the dollar where in this psychological level of resistance the traders placed their selling pending. So, our main idea is about a new Sell position once the price will touch this level. The stochastic is still overbought this is a clue for a possible push down and looking a the main trend, this option it's our prior choice. The Alternative scenario will be opened only in case the price will go over the dynamic trendline, which works also like dynamic resistance, and over the last swing high, around the value of 1.0200

1 Nov 2022

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✅ INITIAL IDEA

1 Nov 2022

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✅ MEANWHILE

1 Nov 2022

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✅ TODAY PRICE IS TRYING TO RECOVER SOME VALUE AND THAT'S OUR LONG-TERM IDEA.