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BertusBoezenkool

EURUSD SHORT PULLBACK AND THEN LONG

Long
Euro / U.S. Dollar (FX:EURUSD)  
BertusBoezenkool  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis
5
0
trendanalysis
Goodmorning everyone,

I expect a pullback to around 1.18150 before EUR/USD continues its uptrend.

EUR/USD has grown a lot in a very short period of time and now a pullback is required to make another attack on the 1.20 mark.

Confirmed by:

- Fibonacci Retracement
- Uptrending Channel
- RSI below overbought
- Trading above 50, 100 and 200 SMA

Have a good day!
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