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rajeboav
Apr 7, 2015 4:56 PM

EURUSD is finding support  Long

Euro Fx/U.S. DollarFXCM

Description

The pair now is finding support against the uptrend line that started it in March 13. The price didn't got break a resistance in level 1.10281 which is the 61.8% retracement after the fall since February 26. Also we can see a triangle ascending pattern that is being built. I choose a long position for the current level of market with take profit in 400 pips and stop loss in 150 pips
Comments
eliaselias
I agree. the euro is in an uptrend channel and will reach about 1.12 in the short term.
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