FXHighway
Long

EURUSD heads higher

FX:EURUSD   Euro / U.S. Dollar
243 0 4
Target: 1.1600
Risk: 1.0700

Technical Reasons:

The EURUSD             pair begins the breaching process to the descending channel’s resistance, getting positive support from the exponential moving averages 50 and 100, which opens the way to turn the trend upwards.

Signs of double bottom pattern appear now, and this pattern’s neckline is located at 1.1050, while stochastic positivity is waited to push the price to breach this level and confirm the continuation of the bullish trend on the short term basis.


http://www.fxhighway.com
https://www.facebook.com/fxhighwaycom/
https://twitter.com/
https://plus.google.com/105427315961677289743/posts
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