Hello Price Action Traders.
The forex pair is in an up trend evident on the daily chart.
My trading strategy for the week ahead will be to wait for a possible pullback towards 1.3400 area.
From there I’ll search for price action trading signals to buy eur/usd and try to take it into the resistance levels at 1.3680 where it could be good to look for price action signals indicating a rejection of higher levels.
Next week I’ll keep eur/jpy monitored for possible long entries .
If this currency cross were to pullback to support zones at 132.50 well visible on the daily chart below, it would be interesting to look for buying opportunities.
Of course everything will be confirmed by interesting trading signals that give the trigger to enter the market.
The main resistance is 134.50 and if it will be broken price will fly probably to 138.00 resistance levels.
It’s all for today
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