Euro’s long time falldown against dollar might be ending nowadays. As we can see on 2 hourly chart it looks like creating a uptrending flag formation. RSI is confirming the upmove.
By checking the break of resistance, you can create a long position around 1,125 and targets will be 1,135 and than 1,14. Of course with a stop loss around 1,120
By checking the break of resistance, you can create a long position around 1,125 and targets will be 1,135 and than 1,14. Of course with a stop loss around 1,120
Trade closed: stop reached:
Our opinion didn’t go as expected and we’ve reached the Stop loss point.
Trump’s delay on customs tax for Chinese products played a great roll on this fallback
Trump’s delay on customs tax for Chinese products played a great roll on this fallback