TradingView
Saad-ElFayed
Apr 29, 2018 7:13 PM

EURUSD-retesting  Long

Euro Fx/U.S. DollarFXCM

Description

The pair had finally escaped the triangle that took almost 3 month . That bear break will make a long strong down trend in the next few month but the pair is now at a strong zoneof "1.20700/50% fibo-retracement" and the formation of a Hammer price action makes a clear buy signal so my guess is that the pair is going to retest the zone of "down edge of the triangle/1.22400" before continuing the down trend .
More