Near-term Trade Setups in EUR/USD and GBP/USD - Forex Strategy Library

Near-term Trade Setups in EUR/USD and GBP/USD

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Near-term Trade Setups in EUR/USD and GBP/USD



This is the moment of truth for the euro as the price returns to the November support line. In my last EUR/USD technical forecast, we noted that the price is approaching the lower bounds of the recently mentioned support range; broader) bullish reversal and area of ​​interest for potential long entries). The price fixed a low at 1.1336 before forming a 4-hour recovery zone. Look for a weekly high in the starting range to round things out. starting at 1.1410 with initial targets, key resistance at 1.1445/57 where 100-day MA and yearly gap overlap


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