Lingrid | EURUSD continues to SEE Consolidation

30 בדצמ׳ 2024

Last week, EURUSD bounced off the resistance zone at 1.04400 and moved lower, but it didn’t have enough bearish momentum to keep going down. Instead, it returned to the level it was at the previous Monday, creating an equal high. I believe the market will push a little higher before pulling back and continuing its bearish move. However, since many markets are in consolidation due to the holidays, there's a chance this week could be another sideways week. Nevertheless, I expect the price to rise above the EQHs before eventually falling. My goal is support zone around 1.03830

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

31 בדצמ׳ 2024

עסקה סגורה: היעד הושג

The price hit TP: + 77p