Mr_Berk

EUR/USD has a bullish divergence and looking for a breakout!!!

Long
Mr_Berk Updated   
FX:EURUSD   Euro / U.S. Dollar
I see some bullish divergence at macd and looking for a breakout from falling wedge.

On the other side, DXY seems bearish and EXY looks like bullish for future days. (You can check my both analysis from images below)

This is a good sign to go long with EUR/USD.

Profit Targets:
1.18290
1.19580
1.20530

Stop loss:
1.15438

My analysis for DXY (Which is bearish for future days):

My analysis for EXY (Which is bullish for future days):

As a conclusion, i see EUR/USD pair bullish for future days.

If you like my analysis, please follow and like.

Have a nice day,

Berk
Trade active:
1st target reached, do not forget to take some profits on targets please.

I see this pair a bit bearish on short term but still bullish for the long run which will take us to 2nd and 3rd target.

If you like my analysis and made some profits as i did, please like and follow.

Have a nice day.

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