eagle214

Does the EUR/USD 1.1470 resistance will hold ?

Short
eagle214 Updated   
FX:EURUSD   Euro / U.S. Dollar
Dear All,

this resistance is now holding since 2015, except 2 shorts breakouts.

EUR/USD is now testing it again since the 29th of June.

You should be patient and wait for a signal to come long or short.

This week will be interesting to follow, cause we will get the answer probably.

If the EUR/USD drops, the 1.1130 target can be expected.
Comment:
Dear all,

Now, the breakout seems to be effective, I would suggest to go long on the EUR/USD, with a target according to Fibonacci around 1.16
Trade safe !!
JP
Trade closed: target reached:
Dear All,
As mentioned, the target have been reached today, slightly above the 1.16
For those you followed my analysis, the profit is quite good.
Regards,
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