While bulish channel has broken,
Bar pattern suggest bulish scinario
Inside day has broken to the up side
If this pattern is proven valid, we may see marginal new high in july
strategy : buy first 61.8%-retracement after a meaningful rebound
The Euro is back under major resistance...was this a fake break out? We are watching closely and looking for opportunities to the short side. if the bulls rally and take out the most recent highs then the squeeze will be on and Euro bears will be jumping off the ship. We want to see a test of the major ...
Looking at the Euro futures, the momentum is declining, as shown on the momentum indicator. There is also divergence and, a triangle forming. Waiting one a trend line break to enter a trade with a tight stop.
Target 1 = 1.35000
Target 2 = 1.33437