Fxtoronto

eurusd too many confluences

FX:EURUSD   Euro Fx/U.S. Dollar
63 0 0
Hello traders , here we might have a possible uptrend on this pair which might take it as high as the 1.19 level. we have a couple of abcd patterns which are targeting the same completion area. Also we have a possible falling wedge which on breakout retraces to the 1.19 level. Also it can be observed that the previously mentioned area is previously a fresh demand level.Also price looks like its respecting the trendlines below. Risk:reward is not too bad considering its a swing trade
targets and stops as mentioned.
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