Currently EURUSD is at a very interesting price range.
Upward break would be a buy signal, and downward break would be sell signal.
I personally foresee a bullish breakout. But we have to wait and see where the price breaks out to.
Upward break would be a buy signal, and downward break would be sell signal.
I personally foresee a bullish breakout. But we have to wait and see where the price breaks out to.
Comment:
My daily chart on the pair;
Comment:
Price broke out, but with no mometum. You could enter at current price, or enter at the expected minor Pullback at a cheaper price.
Trade closed: target reached:
Price reached top of the wave. I would close with my profits and look for shorting opportunities on shorter time frames.