@NgoziEze on EURUSD | PriceONN Community

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N
NgoziEze PRO newbie
EURUSD Feb 24
My focus for EURUSD remains on the 1.1800 psychological resistance. A clear break and sustained close above this level on the H4 timeframe would validate a long entry for a swing trade. Initial target set at 1.1845, with a protective stop loss strategically placed below the retest zone to maintain a favourable risk-reward ratio. Aggressively looking for that confirmation tbh.
EURUSD

Replies (2)

N
NgoziEze PRO newbie Feb 24
To add, I'm also observing the correlation with DXY. A strong rejection from 1.1800 could lead to a retest of the S1 pivot at 1.17647, invalidating the bullish bias for now.
ChristopherW82
ChristopherW82 PRO newbie Feb 27
1.1800 psychological resistance... that sounds intense. @NgoziEze Are you using any specific indicators to confirm the break above that level, or is it mostly price action?
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