TradingView
FXHighway
Mar 31, 2014 10:39 AM

EURUSD triggering the key to revive the bullish track Long

Euro Fx/U.S. DollarFXCM

Description

EURUSD found solid support base above 50% fibonacci level for the recent bullish wave, to rebound positively and breaches now the falling wedge's resistance line, which forms a positive motive now that could be the key to bring the price back to the bullish trend.

Next target is surpassing 1.3850 to confirm the return to the ascending channel, while breaking below 1.3720 then 1.3660 will put more negative pressure on the short term basis.
More