Forex_Monster

DAILY TIME FRAME ANALYSIS (BULL ENGULFING CANDLE AT THE SUPPORT)

Long
FX:EURUSD   Euro / U.S. Dollar
We should be expecting a push up of EUR/USD to 1.1620 resistance level. A break out from resistance will push the price of EUR/USD further to 1.1770 or a reversal to 1.1510 or further down to 1.1410. A fall from 1.1410 will push the price way way down. Critical price to watch is 1.1620.

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