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DragosAlexandru
Apr 18, 2018 4:11 PM

EURUSD 

Euro Fx/U.S. DollarFXCM

Description

Hello friends. Seems that EURUSD pair started its ranging movement in January , which was actually a correction from the previous run. In 5th of april it touched the trend line and bounced back up, with the 50 EMA as a strong support. I tend to say that this ranging movement is actually a flag on the bigger time frames like weekly and i expect to go up. Anyway we could see a retest of the trendline. Let's see if is strong enough to hold out, but put your stop loss a little bit lower if things get ugly.
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