Forex EUR/USD Daily Video, November 21, 2023

[Sive Morten]

Good morning,

EUR is flirting around pre-defined resistance area of 1.0970, which is the last possible area for starting of weekly bearish B&B trade. But for now some tricky moments exist as on DXY as on EUR itself, that makes us to be careful and not hurry up with short entry by far:

 

[sveckar22]

I like the Short setup on GBP/USD with the minor AB=CD in the same area

 

[Sive Morten]

I like the Short setup on GBP/USD with the minor AB=CD in the same area

Well, maybe... it hits XOP on daily chart. But the major risk is monthly B&B "Buy" with 1.2720-1.2740 target.... It could not stop until complete it... just control intraday performance, whether it matches to your trade.