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Forexmentor
Apr 3, 2017 5:56 PM

Eurusd potential buy trade coming up Long

Euro Fx/U.S. DollarFXCM

Description

Here we have a potential buy trade coming up on the Eurusd. Prices are currently in the 50-61.8 zone and at the trend line. Prices are also in the support zone, so if we can see signs of strength entering the market we will look to take the buy.
A break of the wedge pattern may also give us a buy, If we get the buy here prices can rally into the 1.0800 zone.
Another price level to watch is the 1.0600 psychological level because if prices break through our support zone the 1.0600 is the next key level to look for buyers.
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