EUR/USD 1.1300 is The Major Order Block

2 min read
tarantula fx

tarantula fx

Head of Trading

Hi traders,

The EUR/USD has bounced from M L3 Camarilla & 0/8 MM confluence zone to test 1.1300 major order block. The pair is at the crossroads.

1.1300 is the major decision zone for the EUR/USD. Based on IP patterns and technical research, this is either make it or break it. Sustained rally above 1.1300 will target 61.8 fibonacci, 5/8 MM, W H3 zone 1.1380-1.1400. A rejection from 1.1290-1.1300 should make a retest of 1.1242 followed by 1.1216.

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Many green pips,
Nenad Kerkez aka Tarantula FX
Elite CurrenSea

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