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JeffMzee
Mar 15, 2016 12:25 PM

EURUSD Bullish Probability - Buying the Upside Break Long

Euro Fx/U.S. DollarFXCM

Description

With an ECB not keen on pursuing further rate hikes, the Euro should appreciate further than the Greenback, up until the lead up to the next increase in interest rates by the FOMC.

Technical levels on chart. Price is about to break a tiny wedge. Longs on break and close above this descendant trend-line.

Targets:

  • Target 1: 1.120
  • Target 2: 1.135

Trade closed: target reached

Goodstuff.
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