EUR/USD Continuation of trend Long

Euro Fx/U.S. DollarFXCM

Description

⋅ May 29, 2021 9:07 PM

The important support in the EUR/USD has held and the bears could not gain the upper hand.
I therefore expect a continuation of the upward trend.

Comment

⋅ May 31, 2021 3:12 PM

Manage your risk and take partials.

Trade closed: target reached

⋅ Jun 1, 2021 2:28 PM

Comments

stephenede2310

⋅ May 30, 2021 6:52 PM

I agree, but 1.2260 is proving to be difficult...
It did surprise me how easily on Friday the bears pushed the price down to 1.2140 but equally surprised how quickly it bounced back to the 1.2180-1.2200 space.

Will it go up to 1.23 or have to take another dip to 1.2110 before making the ascent?

YMGroup

⋅ May 30, 2021 11:56 AM

Thank you for your insight.

maximilian-severiens

⋅ May 30, 2021 12:14 PM

@YMGroup, Thanks

AtlasTrades

⋅ May 30, 2021 11:48 AM

thx bud :)

maximilian-severiens

⋅ May 30, 2021 12:14 PM

@AtlasTrades, You´re welcome.