MsrJon

EUR/USD Swing [Personal Analysis]

Long
FX:EURUSD   Euro / U.S. Dollar
-EUR/USD 1h chart shows side way trend within channel
-1h and 1d Stoch oscillator have just pass the oversold region
-For 1h chart, MA50 and MA200 likely to cross each other, indicate possible change of movement direction
-However it is also worth noted that MA50 and MA200 is yet to cross each other for 1d chart
-If enter at 1.31610, monitor the movement especially at resistance line R1, R2, R3. If unable to enter at 1.31610, enter when resistance become support
-Target Price follows R1, R2, R3
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