EURUSD Price Action – Key Resistance Up Next | Apr 2
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.
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