EURUSD was under pressure due to nemeruous reasons but on technical charts a breakout above 0.9869 is witnessed from decending falling channel.
Would the breakout would be sustainable? I think yes if Dollar Index remained under correction mode chances are wide that it keep moving upward and re-test next levels of resistance as mentioned in charts.
However breaking below 0.9869 would take the assumption false.
Work with risk management
Would the breakout would be sustainable? I think yes if Dollar Index remained under correction mode chances are wide that it keep moving upward and re-test next levels of resistance as mentioned in charts.
However breaking below 0.9869 would take the assumption false.
Work with risk management
Trade closed: target reached:
1st target reached......
Better to go for trailing stop-loss if want to carry long positions for 2nd target 1.0019
Stay blessed - dont forget to like our idea's
Better to go for trailing stop-loss if want to carry long positions for 2nd target 1.0019
Stay blessed - dont forget to like our idea's
Trade active:
1st Target 1.00948 Achieved...
Retest to breakout base support at 0.9915 and 0.9852 may generate buy signals again for the same targets 1.00948 0 and 1.019
Good luck
Retest to breakout base support at 0.9915 and 0.9852 may generate buy signals again for the same targets 1.00948 0 and 1.019
Good luck