EUR/USD Bullish Continuation Above W L3 Camarilla

2 min read
tarantula fx

tarantula fx

Head of Trading

Dear Traders,

The EUR/USD has formed a bullish zig-zag and the price is supported above W L3 pivot.

1.1120-30 is the POC zone and we should see a bounce. There is a lot of confluence there and the price could continue towards the intraday target – 1.1201. If the market makes a close 1.1201 we should see the price going towards 1.1217-25 zone. The ATR of the EUR/USD is 44 on intra day timeframes, so don’t expect a big bounce today.

The analysis has been done with the CAMMACD.core template.
For more daily technical and wave analysis and updates, sign-up up to our ecs.LIVE channel.

Many green pips,
Nenad Kerkez aka Tarantula FX
Elite CurrenSea

Leave a Reply

avatar

This site uses Akismet to reduce spam. Learn how your comment data is processed.

  Subscribe  
Notify of