EURUSD - Draghi Did It Again

FX:EURUSD   Euro / U.S. Dollar
591 5 6
Look at this, Draghi did it again. He managed to bring the balance in favor of the Euro             . Nothing changed in the monetary policy for the moment, and the ECB seems to be quite optimistic in what concerns the EU economy. EURUSD             rallied after a false breakout, and the chart shows a symmetry. The Flag type pattern fooled me again. From the basic technical analysis a flag should have lead to a continuation, this time, just like the other one (near the rejection line of the down channel ) lead to a reverse in the direction of the price.
I would now stay attentive at an overbought euro             , which got close to 1.3630 resistance and keep my eyes on a corrective move.
I would like to see 1.37 Soon with this rally. :)
so u buy to 1.363?
Razvan Sam0101
wait for a dip! it is safer
so its will rally to 1.368?
Razvan Sam0101
It already went above its daily range, I don't know if it will hit that level today, but this up move can continue to 1.37.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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