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peterbokma
Mar 21, 2023 9:02 AM

EURUSD- BUY strategy Long

Euro Fx/U.S. DollarFXCM

Description

The EURUSD seems to be trying to move beyond the ascending triangle or apex. The MACD positive and RSI as well, suggesting further gains to be seen. The key is the break of 1.0750, and if broken, we should move towards 1.1130 for the short-term is my view.

Strategy BUY current 1.0727 and place stop-loss below 1.0500 for now and take profit at 1.1057.
Comments
TradingShot
Very good analysis, thank you.
peterbokma
@TradingShot, Thank you.. sorry for delay reaction but have been travelling many months and that makes it difficult to comment. This week I got time on hand. :)
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