Forex EUR/USD Daily Video, April 30, 2020

[Sive Morten]

Good morning,

Although EUR mostly stands at the same level but there are more bullish signs appeared:

 

[soul rebel]

Thank you for your update Sive
Following your analysis I am watching for a suitable long entry into this potential move to the 10940 area. Keeping a keen eye on 10825 area which has been tested previously on the 1 hour chart and is also 38Fib level of the recent leg up. Price action has responded to this range (top 10885 bottom 10825) for 2 weeks therefore 10825 area would provide a good risk reward opportunity placing tight stops below 10800.

 

[megabizland]

Your target has just been hit by the time I write this, Sive.