Mandeep.Singh

EUR/USD - Bullish

Long
FX:EURUSD   Euro / U.S. Dollar
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8
Monthly
Strong month starting the year of 2018 - January looks good to breach and close above 1.2400 forming multi year highs.

Weekly
Last week we saw a strong bullish close above 1.2400. This week, price may mange to stay above this level and sustain 1.2400 as key support. EMAs upward facing.

Daily
After a pullback and reaction against 1.2400, price has been supported nicely by our 8 EMA - today looks like it could close strong and complete the formation of tweezer bottoms . EMAs upward facing.

H4
A nice pullback into our preferred fib region and a hammer formation indicating reversal. Price has crossed back over 1.2400 and is also confluent with an EMA crossover to the upside and a CTL break.
Trade closed: stop reached

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