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EURUSD Key Levels to Watch This Week

From dailypriceaction.com

Today I’m going to show you exactly how I’m trading EURUSD this week, including key levels to watch and possible targets. Plus, I’ll share the latest on the US Dollar Index (DXY). EURUSD bulls are continuing where they left off last week with a rally on Monday. We saw the euro hold above the 1.0844 key support last week, so we knew bulls would likely be in control early this week. However, I’d be surprised if the 1.0950 area goes down without a fight. This was a critical pivot in August, so an early-week move above this area may just be a liquidity grab before a pullback. Furthermore, we’ve yet to see much of any ... (full story)

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  • Category: Technical Analysis