BasicallyTrading

EURUSD Long after Fakeout

Long
FX:EURUSD   Euro / U.S. Dollar
Hey guys!

EURUSD has been in an ascending wedge for a while now - Since faking out over NY Session, we will see more upward momentum to the Daily resistance.

I was bearish In NY from a break of wedge and a clear retest - but patience paid waiting for price action to show a break of trend and unfortunately that didn't happen. Lets ride her up to the top!

I expect a large rejection from this resistance, and a change in direction for the EUR/USD Pair.

Let me know what you think!




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