EUR/USD: The Direction of Highest Probability is
March 3, 2021 01:21 PM
BEARISH
Daily Trading Range:
EUR/USD:
The Direction of Highest Probability is Bearish on the Weekly chart as the UP Counter Trend Line was broken to the downside. There is no down AutoFibonacci that I can draw however there is a Bearish Crown formation with a target at 1.1691. I am refraining from selling UNTIL I have confirmation that the USDOLLAR is Bullish
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Daily Support and Resistance
Resistance 3: | 1.7000 |
Resistance 2: | 1.5000 |
Resistance 1: | 1.2000 |
Current Price | 1.2076 |
Support 1: | 1.1100 |
Support 2: | 1.0500 |
Support 3: | 1.0000 |
