germanbel

EURUSD: Correction Up

Long
germanbel Updated   
FX:EURUSD   Euro / U.S. Dollar
I share my forecast.

Indicators are showing a correction up in progress.
On chart you can see two alternatives to buy as well as targets.

Watch your indicators and price action.

Remember to do your homework and take your own decisions.
THIS IS NOT AN INVESTMENT ADVICE.
Comment:
Key support 1 and 2 were breached and did not contained the price. While this stochastic on monday changed the bias. MACD still needs some up move to change bias. Watching correlation indicators price needs to break up level 1,2130 in order to reach predicted target for longs.
Comment:
Break up level moved to: 1,2065
Comment:
Both MACD and Stochastic changed bias. Seems for me it is a good opportunity to buy. Stop Loss should be set at 1,1885.
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