EURUSD: Rebound Setup (Good R/R)

FX_IDC:EURUSD   Euro / U.S. Dollar
3704 13 83

- Long @ 1.0710/1.0722
- Stop below 1.0680*
- Target 1.0820

* candle close

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Comment: Among lots of rumours and speculations on what would the ECB next move toward monetary easing, i.e. lifting the bond purchases amount, cutting deposit rate,... on next Wednesday, the ECB will examine possible extension of QE purchases to include municipal bonds.
Trade closed: target reached:
thanks to all!! have you a nice day!! and..... happy trading!
+1 Reply
congratulation and thanks!
+2 Reply
goog luck! We need it ))
+3 Reply
+2 Reply
Nice chart SS. I agree with you. But this pair could reach 1.03-1.04 area after that there will be a huge rise.
+1 Reply
SignalSwiss Victor.Y.F
look our daily analysis
+2 Reply
Victor.Y.F SignalSwiss
Thank you! a nice cluster.
+3 Reply
I would say that this is an analysis with a perfect timing! The Fed is next to raise rates while the ECB doubles QE, so EUR/USD in medium term, probably 2/4 months will reach the parity.
+1 Reply
Does it mean Thursday US jobless data won't be good?
+1 Reply
before its not for free
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