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EURUSD Broke major support

by Saul L, February 2, 2021

EUR/USD H1 SnR

by Saul Lokier February 2, 2021

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EUR/USD

|

Short

|

H1

Timeframe:

H1

Analysis Method:

SnR

Analysis:

EURUSD just broke an important suport level and dropping to 1.2000 demand area. We can catch the continuation after a reversal to the breaking point

Trade Plan:

sell after a retracement to breaking point

Risk Management:

No longer valid if reaching 1.2000 demand before retracing.

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