EURUSD. Trading opportunity
EURUSD. Trading opportunity
Hey traders and investors!
Daily Timeframe Analysis
On the daily timeframe, there is a range-bound market. The boundaries are marked on the chart. The current buyer vector is 5-6, with a potential target of 1.06098. A buyer zone has formed within the current buyer vector (green rectangle on the chart). Buying opportunities (buy patterns) can be sought from the buyer zone.
1H Timeframe Analysis
On the hourly timeframe, there is also a range-bound market, with boundaries marked on the chart.
Given the daily timeframe, it’s preferable to look for buys from the lower levels of the range (1.03525, 1.03319 – 1.03286) or after the buyer breaks out of the upper boundary (1.0437) and defends the breakout.
I wish you profitable trades!
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