EURUSD technical analysis.

EURUSD - H4

Market (55 above 21) is bearish. Price (5/8) is flat. Stochastic is moving up. Resistance levels at WPP/MM2, 1.18/WM3 and WR1/1.185. Support levels at WM2/1.175, WS1/1.17 and WM1. Price is in a range. I will waiting for price to break through the bottom of the range, retrace back to role reversal and sell.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.