EUR/USD 2 POC Zones for Further Upward Continuation
March 1, 2021
2 min read
Dear traders,
The EUR/USD is bullish and the retracement is almost completed. We could see a move to the upside soon.
We can see 2 POC zones. The first zone is 1.2022-40 and it is supported by W L3 and the trendline. The POC2 is 1.1985-1.2015 and is slightly above the W L4 camarilla pivot. A bounce from any of those 2 zones could happen and the target is 1.2170. As long as the pair is kept above 1.1950 the trend is bullish. A break below and the trend is turning bearish.
The Analysis has been done with the Black Widow system.
Good trading,
Nenad Kerkez
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