avis06
Long

Bullish Piercing pattern on EUR/USD

FX:EURUSD   Euro / U.S. Dollar
1235 4 4
EUR/USD             finds support at 1.3140 area which coincides with the 100 simple moving average . Bullish piercing pattern is formed on today's candle after more than a week of a down trend. If the pattern works, the next logical bullish target is at 1.3250 resistance area .
Very Good...
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Hit target.
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This one is less obviouse as the bullish candle is smaller then the bearish candle.
Just MA support moment I think.
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avis06 KevinT
Ok, I see your point.
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