EURUSD Dynamic Support Holding. More Upside? June 11th

Verified Profitable Trader

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.

dynamic support price action squeeze eurusd

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