EURUSD dropped down to past support after US Fed announced they will plan to keep rates near 0 for a few years.
Technicals still point upwards but wait for the following confirmations before entering.
Buy Signal: Wait for a daily close above support with a strong bull candlestick.
Sell Signal: If we have a break and close under 1.1700 we'll look to sell.
Be patient on this trade. Wait for confirmations before entering.
Good luck trading! Let me know how I can help.
Charles V
www.cvfxmanagement.com
@cvfxwealth
Trading made Simple
Technicals still point upwards but wait for the following confirmations before entering.
Buy Signal: Wait for a daily close above support with a strong bull candlestick.
Sell Signal: If we have a break and close under 1.1700 we'll look to sell.
Be patient on this trade. Wait for confirmations before entering.
Good luck trading! Let me know how I can help.
Charles V
www.cvfxmanagement.com
@cvfxwealth
Trading made Simple
Comment:
Price closed above support yesterday, price now up and looking for a bull close today to enter buys. So far we are 70 pips above of support after a bounce.