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Shivam_93
Oct 17, 2018 2:16 PM

EUR/USD Long Setup  Long

Euro Fx/U.S. DollarFXCM

Description

- Major daily support level of 1.1530 holding up as we can see several candlestick rejections on the H1 timeframe
- Bullish divergence on the H1 using both stochastics or RSI which paint the same story of unsustainable price decline
- EUR/USD seems to be ranging just above this key level before it decides to break 1.1620 and aim higher
- 60 pips target with 35 pips stop

Trade closed: stop reached

FOMC & Brexit
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