EURUSD Weekly View : Profit target almost reached,remain bullish

FX:EURUSD   Euro / U.S. Dollar
Buy above 1.0575. Stop loss at 1.0490. Take profit at 1.0680.
Reason for the trading strategy:
Price has shot up and is approaching our profit target. We look to buy on strength above 1.0575 support ( Fibonacci retracement , horizontal pullback support, pullback support to descending support line) for a further push up to 1.0680 resistance ( Fibonacci retracement , horizontal swing high resistance).
RSI (34) has made a bearish exit signalling a stronger change in momentum and also sees long term bullish divergence .
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out