Euro is testing the crucial support level Long

Euro Fx/U.S. DollarFXCM

Description

⋅ Mar 22, 2019 2:22 PM

1.12000 is near due to the dovish ECB speakings, it is the 50% retracement level from 2000 til now

I'm wondering the real prospect of euro zone, but technically, 1.2000 maybe hard to break, instead, 1.1180-1.1200 can be ideal set up zones for long positions.I'll update for confirmation signals next week.

Trade active

⋅ Apr 15, 2019 11:32 AM

the reason for long bias in my new post

Trend Analysis

Comments

iSaleh

⋅ Mar 22, 2019 2:33 PM

thank you for your sharing your idea

and this what I think it will happen it will go to the perverse support

Trader-VincentH

⋅ Mar 22, 2019 2:43 PM

@iSaleh, thanks for your comment, dollar is bouncing back maybe to test 97.5, long euro caustiously due to its dovish policy standings