MujkanovicFX

HERE'S WHY YOU DON'T WANT TO BE SHORT EUR/USD

Long
FX:EURUSD   Euro / U.S. Dollar
Hi traders, if you've followed us long enough, you may have seen some of our EUR/USD trade ideas that worked out really well.

The pair broke above a bullish wedge pattern recently, projecting a 200 pips profit target to around 1.12. We're already long in our Trading Club.

The price also broke above short-term resistance levels, with no meaningful resistance until the 1.1080 level.

Fundamentals are also supporting our views so far, especially after relatively weak US data in the last days.

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