Skip to content

Spike Base Support, Trading EURUSD

As I work on more longer term stuff for this site, just some of the obvious rearing its head my way these days – this one on EUR/USD. Enough time has passed to say that this base is significant now (less “V” top risk) and likely act as support on the way lower.

Top line usually gets used first, though not always. Given the scenario the last time this level was used we bump up the probability scale for that level in particular, if and when this wants to retreat. I have more on the way but after fixing this site I certainly got my hands full. TBC…

eurusd spike support

-Steve

Follow Our Work

Paracurve Twitter   Paracurve Facebook   Paracurve Instagram   Paracurve LinkedIn

First Time Here?

Check out some of our most popular guides on trading.
Learn a little more about us.
Or follow along to our updates above.

From the Bird App

FXS Analytics

A focused, Twitter-like discussion community, 81 lectures and true, 1 on 1 support. This site is an in-deep dive and extension to the content posted here and social media, and where I spend the bulk of my time online. Go to https://fxsanalytics.com for more.