rodrigosmarts

EUR Supports towards the trend.

FX:EURUSD   Euro / U.S. Dollar
3
EUR is correcting his long rush from ~1.2500 to ~1.3200 and now aproches the higher broken channel borer at 1.29.

I would Buy on an smaller TF trigger inside the first blue area, aiming for the falling trendline, preferentially at 1.3000 as the primary target and, if it breaks through it, I'd aim to the year high @ 1.32000.

Although I expect the price to rebound to this initial levels, my preferred longs lies at the 1.28000 area, the second blue square on the chart.

http://twiiter.com/rodrigosmarts
http://tradingsmarts.tumblr.com

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.