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andypro16

EURUSD is overbought and give us buying opportunitty.

Long
Euro / U.S. Dollar (FX:EURUSD)  
andypro16 Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns
2
0
trendanalysis chartpattern
with target 1.19
Comment:
EUR has just reached 0.382 retracement. I think there are some traders taking their profit right now. From my point of view, EUR should retest 1.173-1.175 support. Otherwise, it is too risky for me to get in the long positions at the current price level.
snapshot
Comment:
If EUR is rejected by 1.178 (0.382 retracement) and cannot hold the 1.173 support level, another daily bearish impulse may play out.
snapshot
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