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EURUSD: Are Buyers Back in the Driver's Seat?
The EURUSD confirmed my suspicions on Monday. I’ve written about the 1.0990 support region for several weeks. I also pointed out how 1.0990 is actually a confluence of support in Saturday’s Forex forecast video. As such, I stated that I was not interested in selling the EURUSD. In fact, based on Friday’s bullish engulfing range, the euro looked more like a buy than a sell to me. So that’s exactly what I did. I posted my EURUSD long entry in the member’s area this morning when the pair had just gone positive on the day around 1.1024. My targets here include 1.1070 and 1.1170. Of course, I had no idea the ... (full story)
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- Posted: Dec 2, 2019 7:15pm
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 1,141
