- March 24, 2023
- Posted by: Tradingshot Articles
- Category: Forex
The EURUSD pair is executing our long-term well as explained on this idea earlier this month:
After correcting the very aggressive rise on the day of the Fed Rate Decision, the price now found Support on the 4H MA50 (blue trend-line). With the price past a 4H Golden Cross and the 4H RSI supported on Higher Lows, this is a low risk buy entry. Our target is 1.10300 (Resistance 4).