MarcellusLUX

Make or break level for EUR/USD, Best level to buy?

MarcellusLUX Diupdate   
FX:EURUSD   Euro / Dollar AS
Hello traders, EUR/USD is currently at a make or break level.
Notice that EUR/USD has struggled at the moving average in the 4hour
chart. If the bulls are unable to take the price above 1.06, then we
might see further drops in EU
.

Currently, I do not have any open positions in EUR/USD and I believe the
best approach right now is to wait and observe if price hits a key level
and then place trades.

In case, price falls to the 1.0450 level, I would definitely consider buying.


Komentar:
EURUSD is now below 1.0570 which is not a good sign for the bulls
Komentar:
Trade idea running in 40 pips profit
Komentar:
We have some USD data later in the day which will give some momentum
to this pair
Komentar:
EUR/USD seems to creating a base around the 1.05 level from where we can expect
a trend reversal
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