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  1. Home
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  3. [EUR/USD] Eyes on the 1.16650 Zone – Potential Long Setup Brewing

[EUR/USD] Eyes on the 1.16650 Zone – Potential Long Setup Brewing

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  • tradelikeproT Offline
    tradelikeproT Offline
    tradelikepro
    wrote on last edited by
    #1

    59f8d8ef-f276-41f1-9159-308f94913562-image.png

    Hey folks,

    Just a quick heads-up from today's trading desk: I'm keeping a close watch on EUR/USD, which has been cruising in a solid uptrend lately. Currently, it looks like we're in the midst of a healthy correction, and price action is inching its way down toward the 1.16650 area—a key support/resistance zone that's aligned with the overall trend.

    This could shape up to be a nice buying opportunity, assuming price reacts well around that level. Definitely one to keep on your radar if you're tracking setups today.

    Trade smart and stay safe out there,

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