Forex FOREX PRO WEEKLY, September 26 - 30, 2022

Sive Morten

Special Consultant to the FPA
Messages
16,700
Morning guys (sorry for light delay),

In fact you probably see everything by yourself - EUR perfectly completes our setup, reaching daily resistance area. This area is very good for considering short entry - K-resistance, overbought, previous lows. And now take a look - price is flirting with the MACD, suggesting possible bearish grabber. If we will get it - that would be great:
eur_d_30_09_22.png


On 1H chart upside target from our daily reversal bar is completed as well - market hits OP reaching Agreement resistance with 5/8 level. We suggest to wait for the grabber and watch for reaction here, on 1H chart, what reversal patterns will be formed here:

eur_1h_30_09_22.png
 
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