4/4 EURUSD Trading Strategy

4 thg 4, 2023

From the 1D chart of EURUSD, we can see a pattern resembling a U-shaped bottom, with three bottoms around 1.05. Currently, it has reached the phase resistance level, but the pattern is not yet complete. The strong resistance level should be around 1.098-1.1.

It is not difficult to see from the 30m chart that there is support around 1.091-1.088, and 1.086 is a strong support level. Therefore, the trading strategy should be to long at the tested support level.

4 thg 4, 2023

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4 thg 4, 2023

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4 thg 4, 2023

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