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VasilyTrader
Nov 12, 2020 8:58 AM

EURUSD May Start Growing! Here is Why: Long

Euro Fx/U.S. DollarFXCM

Description



EURUSD has reached a very strong demand zone yesterday.
We see a perfect match between a major falling trend line & horizontal daily structure support.

+ on hourly the price has formed a double bottom with a higher low as a confirmation.
the price has easily broken 1.718 resistance with a strong bullish candle and now will most likely keep growing.

next goal:
1.1826

Trade closed: target reached

Check my new analysis on EURAUD:
Comments
UmarAbdurRehman
great analysis, much appreciated.
VasilyTrader
@UmarAbdurRehman, thank you for support brother 🙏
VasilyTrader
are you also bullish on EU?
fOresTiiik
@VasilyPonomarev, yes, good idea :)
VasilyTrader
@fOresTiiik, thanks a lot buddy!!!
ProjectSyndicate
congrats. nice work. keep it up!
VasilyTrader
@ProjectSyndicate, thank you!!!
Saeed966
thanks for sharing! this is what I see on EURUSD : h
VasilyTrader
@Saeed966, good idea!
DeGRAM
Good idea Vasily!
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