EURUSD: Two Key Levels to Watch & Plan For Next Week
EURUSD was very bullish this week.
Preparing for the next week here are the closest key levels that I spotted:
Resistance 1 - 1.9665 - 1.2 supply area
It is the closest zone that I would consider for shorting.
Let the market reach it & then look for confirmation on intraday timeframes to short.
Support 1 - 1.17 - 1.172 demand area
It is the closest zone that I would consider for buying.
It is a year's low as well.
Look for a confirmation within that zone to buy.
While the price is trading in between, I would stay away from trading EURUSD .