EURUSD:- with the 4hr closure ABOVE our support zone, the like | Forexed
EURUSD:- with the 4hr closure ABOVE our support zone, the likelihood of price pushing higher has increased. This support has proved to hold looking at the past 12hrs of data as price made multiple attempts to break below, to no avail.
I expect price will push down as the trend is overall bearish, but I do want to see it pull back into 1.09250 before we can look for potential shorts. This will present us with a very good risk reward opportunitiy.
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