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ashleybelle

EURUSD IDEA - Down to support then to keep going up

Long
Euro / U.S. Dollar (FX:EURUSD)  
ashleybelle  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Trend Lines Forex Technical Analysis EURUSD
3
2
trendanalysis chartpattern trendline forex technicalanalysis eurusd
We are in a strong uptrend and it is expected to continue (DXY is getting weaker as well). I believe we will retrace then continue higher, possibly reaching 1.2200.

There is an area of high confluence around the 1.19950 area as support, the trend line and the 61.8 fib will all meet.
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