Long on EU

26 Nov 2023

I came up with this analysis for EU. This might happen outside my trading hours so I don't know. A quick 1:2 on EU. I am anticipating it to continue climbing and breaking 1.09650. I have 3 points I am expecting some resistance at, and that is the supply level (@1.09806 to 1.10045), second level being (@1.10862 to 1.11496). My most anticipated level would be the last supply (@1.11746 to 1.12425). If market does not respect my demand level/entry, then market might fall to retest 1.08522. I will be refraining from trading EU if it breaks below 1.08251.