novvoll12
Long

EURUSD Bullish Breaks above 5-week falling trendline for higher

FX_IDC:EURUSD   Euro / U.S. Dollar
132 0 3
EURUSD             rallied off 1.0846 (August 5, 2015 low) to break above 5-week falling trendline (as shown on the 240 minute chart) to project further gains towards 1.1114/1.1129 next. Clearing there would complete a base over 1.0846 and trigger strength towards 1.1216 and possibly 1.1278. The immediate support lies at 1.1017 ahead of 1.0958. However, bears reclaiming 1.0958 would dampen the bullish tone.

Outlook:
Short term: bullish
Long term: neutral
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out