In today's London Market Session analysis we do a follow up of yesterdays equilibrium levels and trading setups. As expected EURUSD retraced to 1.1484 around equilibrium Levels and found support for a little push up in the London market.
If 1.1480 zone holds as support then we should unlock higher prices above 1.1570 towards 1.1720ish Upper equilibrium levels for a possible resistance formation. Fingers crossed but if 1.1480 support breaks that should unlock prices lower towards 1.14035 equilibrium levels posted 2 days ago for possible support formation.
https://youtu.be/I35dnYnasaM
If 1.1480 zone holds as support then we should unlock higher prices above 1.1570 towards 1.1720ish Upper equilibrium levels for a possible resistance formation. Fingers crossed but if 1.1480 support breaks that should unlock prices lower towards 1.14035 equilibrium levels posted 2 days ago for possible support formation.
https://youtu.be/I35dnYnasaM