EUR/USD ANALYSIS (short term)

2019-12-11 07:00:40

Hi traders :) Here are some thoughts regarding EUR/USD possible future price action. As we can see from the chart the pair has reached a strong resistance level. However the current uptrend could be strong enough (look at the support trendline strength and at the MACD bullish signal) to break it after a small correction until the volumetric level of 1.1077. Look at the chart for possible entry (which should be set just a bit over the resistance level), stop and target. Write me in the comments for any question, thought or critic. Good luck:)