EURUSD Price Action – Key Resistance Up Next | Apr 2

Verified Profitable Trader

NOTE: We’ll be doing our next private member webinar this Friday at 9am EST where we’ll be discussing some of the live trade setups I’m in along with some of the other strategies and methods from this course. (Will announce registration details early this week).

EURUSD – Breaks ST Role Reversal Level (4hr chart)
After holding 1 day below the ST 1.08 role reversal level, the Euro gained strongly today, closing just below 1.09. This puts the focus back onto the 1.1025+ FOMC spike highs, so will look to sell pullbacks here.

Rejections at this key resistance level here should target 1.09 at a minimum and then 1.08. Only a daily close above here reduces the bearish risk.


Want to learn a key tip to improving your trading performance? Learn more by reading my latest article.

ALERT: Registration for our Advanced Traders Mindset Course is closing this April 2nd. Learn to re-wire your brain for successful trading.

Want More? My private members get all my trade ideas & market commentary 4x per week. Click here to become a member.

Related Article