EUR/USD: Analyze weekly chart ideas 11 – 15/05/2020
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The current market is moving sideways zone 1,09910 – 1,07740.
Resistances at 1.09910 and 1.11405, Support at 1.07740 and 1.06381.
The bearish pin bar appeared last weekend.
=> For the time being, we advise you to consider the support zone of 1.07740.
– If it breaks out of the support level of 1.07740 in the first two sessions of the week, it will likely drop to 1.06381 in the future.
=> if in the first 2 sessions of the week, the index does not cross the area of 1,07740, the possibility of continuing to move sideways continues in the area of 1,07740 and 1,09910 => Please pay attention to enter reasonable commands.
=> Please pay attention to risk management
https://www.tradingview.com/chart/EURUSD/ys91eCCj-EUR-USD-Analyze-weekly-chart-ideas-11-15-05-2020/