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manfromny

EURUSD bounced on Daily charts

Long
Euro / U.S. Dollar (FX:EURUSD)  
manfromny  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Technical Indicators Chart Patterns EURUSD LONG fallingtrendlines bounce
4
0
trendanalysis indicator chartpattern eurusd long fallingtrendlines bounce
I am not an expert but here is my thoughts. EURUSD is in the falling channel on H4 and D charts. We see that price bounced from the bottom of the falling channel on D chart. Now its above the key level of 1.09260, needs the retest that point and should be going towards top of the channel for testing.

Entry : 1.09260
Target : 1.100

Stop-Loss : 1.088

(NOT A FINANCIAL ADVISE, PLEASE TRADE WITH YOUR OWN OPINION)
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