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forexlye
Dec 30, 2018 1:16 AM

2019 W1 will it hold? Long

Euro Fx/U.S. DollarFXCM

Description

2019 is starting, will EURUSD hold above 1.1400 and breaks above 1.1500?

There is strong likelihood that it might. Price has been consolidating between 1.1300 and 1.1400 since the drop on 30th Oct. And we see a new range began since 18th Dec. We would continue to look for long opportunities until otherwise.

Comment

Capitalized on 31st Dec movement. Bought at 1.1423, out at 1.1463 (+40)
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