albx

New bullish trend on EURUSD

albx Updated   
FX:EURUSD   Euro / U.S. Dollar
The end of a bear trend is recognized when each successive rally fails to penetrate the low point of the previous rally. Each decline terminates at higher point than the previous, displaying a series of successive Higher highs and Higher lows.
Expecting bearish moves on USD pairs... ( dxy -0.11% to the downside).
Also we have a head and shoulders pattern.

1.17300 support (Buy opportunity)
1.20000 Long term target...

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currently short

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