EURUSD Forex Signal By Trading Twist
Buy Limit Order: 1.0721
SL: 1.0671
TP: 1.0938
EUR/USD – although the major currency pair traded to the highest level in 16 days on Friday, sellers returned close to the projected cypher barrier at 1.0808. The four-hour chart highlights the completion of a bearish Bat formation at 1.0938. We have a supply zone between 1.0920 and 1.0938.
On the downside, bespoke support is located between 1.0720 and 1.0713. We have a supply zone between 1.0712 and 1.0692.
The bias remains bullish. Prime support is located between 1.0720 and 1.0712. I expect further gains to complete the Bat formation at 1.0938.