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OraclePips
Dec 14, 2022 3:21 PM

EU BIAS: BUY IT. DON'T SELL IT Long

Euro Fx/U.S. DollarFXCM

Description

Zoom the chart to see it clearly. The EU market is strongly bullish. The bulls are in control of the market. As you can see, the small ascending triangle has been broken and retested now, showing a strong bullish momentum move in the EU market. Our target area for the profit-taking is the 1.06719 resistance level, the double top area. The two arrows drawn showed the area where the price has broken and retested.
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