leerider

Bottom is forming- time to start looking long.

Long
FX:EURUSD   Euro / U.S. Dollar
4
EUR is making higher highs and lower lows. We have support at the 50 and 20 day EMA, along with support from apr 13' and jul 13'. I feel a push to 1.29 area is imminent in the near future, followed by a retest of the lows to confirm the bottom. I will be looking to get long around the 1.25 level and take profit at around 1.288. Stop around the 1.248 level. Happy trading!

Unlock your success path with Prime IQ Labs!

Join our FREE Discord community for market-beating strategies, exclusive insights, sophisticated tools, and free LIVE training.

Elevate your trading game:

discord.gg/primeiqlabs
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.