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olliefx
Feb 19, 2017 6:02 PM

EURUSD - BUY TRADE IDEA. Long

Euro Fx/U.S. DollarFXCM

Description

I have been monitoring this pair for a while, looking for ideal level to take a position long. The price saw a brief bullish rally last week, but found a cap at the 50EMA. The price rejected this level, looking to make a push back down into previous supply zones. I am targeting this pair to move back down to a previously used support level, before making a final push back up through the EMA onto its target at 1.0815, which would be 225 pips.
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