RhysFX

EUR/USD NEUTRAL (1.11800 - 1.12150 or 1.11050)

RhysFX Diupdate   
FX:EURUSD   Euro / Dollar AS
My BIAS for EUR/USD for the upcoming week is NEUTRAL.



My reasoning behind this is

-We are currently at an area which was previous 4HR Support/Resistance .
-We could see a break above 1.11600 and look for Buys up to our Supply zone at 1.11800 or even higher to our Daily Resistance at 1.12150.
-We could also see rejection of our 4HR Support/Resistance and a push down to 4HR Support at 1.11050.


I will only enter once one of these plays out ^



Like & Follow for future Analysis and Updates.
Komentar:
I have taken a SELL at 1.11450 after seeing a Bullish Shooting Star Rejection candle followed by a Bearish engulfing candle.

Targets are set at 1.11075.
Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.