TTATradingService

EURUSD price out of channel

Long
TTATradingService Updated   
FX:EURUSD   Euro / U.S. Dollar
7
EURUSD price has now broken the channel with a strong bullish candle and it is sitting nicely above the 20ma (4hr) MACD and RSI also point out some correction may be on the way. Bearish trend is very strong for the moment but we are now looking for a chance to buy on the pullback right above the 20 ma (1.0420-1.0430) with a stop of around 50 pips targeting 1:1 at least.
Comment:
make it a free trade and lets play along

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.