EURUSD is weakening


EURUSD

Yesterday's plan was not implemented because the price did not give a signal for a rebound. After breaking the local low, investors continued to push the price lower and lower, allowing only to join the speeding train. The price eventually stopped at the support level, but I often say that the third and every subsequent time the price level is tested, the price level becomes weaker (there is a greater chance of breaking the price level). So at the moment there is a weak rebound signal, but personally I am waiting for the start of the EU session. I am definitely going to look for the entrance in the place I showed in the picture. At that point, I will probably be walking even on a less reliable signal.

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Biznes-Broker
Biznes-Broker

Trader, cryptocurrency and forex market analyst. Editor of investor magazines: EN: http://biznes-broker.com/ PL: http://pvq.pl/ By giving me a tip you donate it to charity. All collected funds will help children and animals in need.


Analysis of the financial markets
Analysis of the financial markets

Subjective view of the financial market. Mainly Forex, Indexes and Commodities. Analyzes based on technical analyzes. All analyzes are my view of the market. It is not recommended to make trading decisions based on the information provided. You can check my work here: EN: http://biznes-broker.com/ PL: http://pvq.pl/

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