Daily Analysis 15/11/2021

DAILY ANALYSIS

Traders can follow economic events or news which may affect the trend of this pair, to adjust on trade position.

 

DAILY EUR/USD

Support & Resistance: R1: 1.52
From the daily chart, price is in a downtrend, traders can trade short rallies.

 

H4 EUR/USD

Support & Resistance: R1: 1.52
From the H4 chart, price has broke the support level, support turns resistance, traders can trade short position after it has retested the resistance level.

 

TRADING TIPS


Short Position

1.51

1.43

1.57