Forextuitions

LONG EUR/USD

Forextuitions Updated   
FX:EURUSD   Euro / U.S. Dollar
EUR/USD pair reached 1.1776, an over two-year high during the Asian session, and as a consequence of Fed's monetary policy announcement, which bring no news. as technically the pair has overall upper trend with the pattern of large double bottom around 1.1460/35 EUR/USD is likely to retest the graphical hurdle at 1.1875/1.2043consisting of lows of 2010 and 2012. Potential of the double bottom will be near 1.2530/70, also the retracement levels from 2008 and 2014.currently the pair trading on support zone , we can see another rally soon towards.1.1800.

Buy EUR/USD

@1.1685/1.1650

Target: 1.1770/1.1840
stop loss: 1.1610

gud luck !

#forextuitions
Trade closed: target reached:
Target hit with @ 145 pips profit

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