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dylanlavin
Jan 4, 2019 9:27 PM

EURUSD LONG Long

Euro Fx/U.S. DollarFXCM

Description

We have had a nice rejection of the monthly trendline and also a full bodied bullish candle on the Daily. We have seen higher highs and higher lows.

We saw a break of the trend from the NFP announcement and now we have broke back above the highlighted zone showing price still wants to push higher. I am looking for a retest of the zone and then i will be looking to get in on a buy.

I will be placing my Sl below my daily trendline (not shown on the chart) and i have an intraday target of around 50 pips towards the trendline and daily resistance and a swing target of 400 pips.
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