EURUSD fail to break supply zone on Daily timeframe

2019-12-16 12:06:33

Analysis for the EURUSD pair, the Euro is still stuck in the supply zone on the daily timeframe and has not been able to break the supply zone and there is a strong enough rejection in the zone so that it makes a "shooting star" candlestick on the daily timeframe. We can have the opportunity of the candle to "sell" position if there is a retracement to the supply zone in a small timeframe.

Entry price : 1.11662
Stop loss : 75 pips
Take profit : 180 pips