TradingView
avis06
Sep 7, 2013 1:55 AM

Bullish Piercing pattern on EUR/USD  Long

Euro Fx/U.S. DollarFXCM

Description

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.
Comments
JacksonPerez
Very Good...
avis06
Hit target.
KevinT
This one is less obviouse as the bullish candle is smaller then the bearish candle.
Just MA support moment I think.
avis06
Ok, I see your point.
More