Decodingthemarket

EUR-USD Risk/Reward Ratio 3.65

Long
FX:EURUSD   Euro / U.S. Dollar
Price Bounce Once Again Above Strong Support Box
Expecting to Test Low Support Descending Triangle Line (White) To Confirm the Uptrend
Breaking out Above Extended 50MA Line (Red) and Descending Triangle Line (White) May Retest Above to continue the uptrend
Possible Bullish Crossover

NOTE: Price Line Extension (Yellow/White) is Only a Visual Representation how Price May Move in the Near Future
with Unknown Specific Time Frame Depending on Price Speed
Something Applied with 200MA Extended Line (Green)
and 50MA Extended Line (Red)

(You Know What I Mean... Right!!)
NFA

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