Let’s go Tuesday presents us with EUR/USD

Good day traders.

How did your trading day go today?

Alright, so,  most of the viable trades we gave out yesterday on our weekly analysis is already playing out today.

There is only one viable trade I have set my eyes on while surfing through my charts, and that is:

 

 

1. EUR/USD

EUR vs USD

The bulls on the 4 hours chart of the EUR/USD are currently facing a fierce battle.

Resistance level 1.13581 seem to be the only thing stopping the bulls from hitting its next resistance level (1.13963). 

That said, this same resistance level may wear out the bulls and the bears could set in to take price to the next possible support level (1.12701)

This is what I call a 50/50 trade. All you now have to depend on is your system and adequate patience for proper confirmation to indicate the pair’s next move

 

That’s all for today folks. Do have a grand day ahead and stay safe.

 

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