EURUSD Long Thesis
- On weekly timeframe last week candle closed as a hammer candle at 1.1300 monthly support.
- 1.1347 had a clean break through and created a new high at 1.1398.
- Moving averages are about to crossover to bullish.
- After break of 1.1347 I do now expect price to pullback to retest 1.1347.
- If 1.1347 level holds can enter long positions to 1.1439 for new bullish leg.
Order cancelled:
I entered this abit earlier. I realised abit late that there was another area of support @ 1.13660.