EUR/USD Daily Technical Analysis Outlook

If you read eur/usd TA from March 16 I was told you to wait till price comes around resistance area (H4 TF). Price is reach R1, now we have new support level.

Today we have the same problem as March 16. We waiting for news (”Core CPI m/m” and “Unemployment Claims”). If you ask me what is the best setup for trade, I would say wait news, if the price goes far above S1 I would sell, but there is large possibility to price broken S1 really quickly.

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