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AariTech
Jun 20, 2019 10:09 AM

Price may have become Swing Long n broken above range 

Euro Fx/U.S. DollarFXCM

Description

Looking at chart daily we can notice 2 things now :
1. Price has crossed above multimonth long descending trendline , and with rejection on 19june we can see price finding strong support on trendline and confirmed retest .
2. Price is trading in Minor ascending Channel Now .

With probable close above ichimoku cloud on daily we would be watching how price reacts near 1.14 -1.15 zone and while retesting Bottom of channel near term ,

The information which we see till now suggest us to speculate starting of Swing Long , hence Longs from bottom of channel is suggested till structure hold ,
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