EURUSD Dynamic Support Holding. More Upside? June 11th
EURUSD – Intraday Rejection off Dynamic Support Holds
After ending last week with a nice price action squeeze, the pair has held up nicely from the daily inside bar as I discussed in my market commentary, rejecting intraday off the dynamic support and 4hr 20ema (chart below). With the pair holding towards the highs, and no sellers in sight, it seems the pair is looking for higher prices. Traders wanting to get long can look for intraday rejections at the dynamic support around 1.3250 and 1.3200 targeting 1.3357 and 1.3450.
For those wanting to join the traders forum, get lifetime membership & more, visit my Price Action Course page here.
Want More? My private members get all my trade ideas & market commentary up to 3x per week. Click here to become a member.
Want to Learn Price Action Strategies for Trading Forex?
Sign Up for our Monthly Newsletter and Get our FREE E-Book