New open/pending positions: TP @ 1.07230 and SL @ 1.07650.nathanvbasko wrote: Sat Jun 29, 2024 10:55 pm Seize the opportunity to buy at discounts around the Weekly VWAP. The bullish bias will be further reinforced if the price breaches the key value area high of 1.07250, which could signal a potential continuation of the uptrend. But be warned, the forex market can be as fickle as a cat deciding whether it wants to be petted or not!
When navigating the sometimes stressful world of trading, always remember to keep things light and have fun. After all, life’s a journey, not a destination... or should I say a long position and not a short one! Have a nice weekend!
Based on my analysis, I expect that the EUR/USD price may initially retrace downwards to fill the gap created by the opening surge, before potentially rebounding to the 1.08000 price level.
Keep in mind that the market is always changing, so it's important to stay flexible and adapt to new information.
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