EURUSD- 10Jan2022
On the weekly, price faced bullish pressure after dropping back to 1.1300 area and formed a dragonfly candle. If price can close above 1.13795, we could expect it to continue its upside momentum to 1.14500 area upcoming weeks.
On the H4 time frame, price bounced above previous resistance after NFP disappoints. As last week US economic data missed estimates, we could expect EURUSD to attract buyers.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the weekly, price faced bullish pressure after dropping back to 1.1300 area and formed a dragonfly candle. If price can close above 1.13795, we could expect it to continue its upside momentum to 1.14500 area upcoming weeks.
On the H4 time frame, price bounced above previous resistance after NFP disappoints. As last week US economic data missed estimates, we could expect EURUSD to attract buyers.
This is for personal record purposes only, not financial advise or solicitation of trade.