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TheCryptagon

EURUSD broke into long term bullish territory again

Euro / U.S. Dollar (FX_IDC:EURUSD)  
TheCryptagon  
FX_IDC:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators EURUSD Forex currency Currencies forextrading currencytrading EUR USD
21
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trendanalysis chartpattern indicator eurusd forex currency currencies forextrading currencytrading eur usd
Our upper target for EURUSD has been hit and now a new trend is emerging.

The price almost touched Fibonacci 0.786 during the Fed today and is retracing.

We are expecting a test of the 1day MA50, which is inside the volatile Support Zone A.

Buy, if by the time of the test the 1day RSI also touches its MA.

Target 1.10250 (Resistance B).


Previous chart:

EURUSD Solid buy setup. Ascending Triangle targeting 1.0800.

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