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vj20_fx
Jul 16, 2017 4:12 PM

Update Long

Euro Fx/U.S. DollarFXCM

Description

The update from last week’s analysis. Price has pushed higher and now sitting in the strong resistance zone. We need to see a clean break of this zone to enter this trade. Last week, price formed a ‘morning star formation’ telling us the bulls pressure is coming. On the 4-hour chart, price just broke and retraced to a trend-line but I believe price will break back through and head up to 1.18800.
Comments
premrajafx
USD is definitely under pressure, Problem is ECB meeting on Thurs
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