Holidays over, can’t wait to Trade.

eurusd bullish 220414 1310

As a first trade, I believe that EURUSD will be bullish as we have seen the below dynamic support, with support levels being 1.38190, 1.37320 and 1.36670. Resistance levels are visible at 1.39000 and a strong resistance ahead at 1.39310. The most likely scenario, in my view will be that the 1.38190 support (no resistance) level will be penetrated and the price will look to reach 1.38500 and above.

The above image refers to EURUSD, Hourly. And the below is graphed with the Daily time-frame.

eurusd d1 220414 1315

Wishing you a great Trading day,

Johnny.

 

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