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zymer.kukalaj
Dec 27, 2016 12:46 PM

Daily Trades Remain Bullish Long

Euro Fx/U.S. DollarFXCM

Description

long positions above 1.0430 with targets at 1.0460 & 1.0470 in extension.

Alternative scenario: below 1.0430 look for further downside with 1.0415 & 1.0400 as targets.

the RSI lacks downward momentum.


Dont be fooled to take any short positions at least not before the end of the year. Wait to take a better position to jump on the short side. Targets like 1.0500 or even 1.0600 dont mean the downtrend has finished they mean better situation to get short !!
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