TheBanker
Long

eurusd bounce

FX:EURUSD   Euro / U.S. Dollar
EUR/USD retraces 61.8% of YTD rally and recovery begins

We had a close below the 50d SMA , and that is bearish ; however, Wednesday’s oversold recovery, “hammer” like candle implies a bounce first.

Gl and remember this is only temporary, the euro is collapsing.
Are you still holding this position?
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I´m just asking myself what´s the name of the pattern shown with two black parabolic lines...
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TheBanker captain_smollett
+1 Reply
I thought you were looking for parity. This looks very good though. Good work.
+1 Reply
TheBanker AndrewCapko
@AndrewCapko, yup still looking for 0.9
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Rocketman AndrewCapko
We all are. When the Euro starts to brake apart if France leaves this year, then what will Germany do next?
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Good job, Brit.
+1 Reply
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