March 28th 2022 EURUSD NY Session Analysis
Hi there,
My bias for EURUSD today is neutral. I will assess the price if it reaches the 1.09500 area or near numbers. If the price loses downward bearish momentum/ranges and changes trends on the 1-Minute timeframe, I will look for long entry opportunities.
If the price keeps pushing down and breaks below the area, I will re-analyze price for possible short opportunities.
Price could also not retest the 1.09500 area and move up to 1.10050, in which case I will assess the price action on the 15-minute chart to determine whether there is bullish or bearish intention.
Pay attention to 1.09500 and 1.10050 as those are key areas. One of them is highly likely to be tested if not both.
For now we sit back and let price show it's hand.
My bias for EURUSD today is neutral. I will assess the price if it reaches the 1.09500 area or near numbers. If the price loses downward bearish momentum/ranges and changes trends on the 1-Minute timeframe, I will look for long entry opportunities.
If the price keeps pushing down and breaks below the area, I will re-analyze price for possible short opportunities.
Price could also not retest the 1.09500 area and move up to 1.10050, in which case I will assess the price action on the 15-minute chart to determine whether there is bullish or bearish intention.
Pay attention to 1.09500 and 1.10050 as those are key areas. One of them is highly likely to be tested if not both.
For now we sit back and let price show it's hand.
Trade active:
Entering long now at 1.09527 as price tapped the expected area and showed enough bullish confirmation.
Comment:
SL hit