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Motion1
Mar 21, 2019 3:05 PM

EURUSD Potential Long Long

Euro Fx/U.S. DollarFXCM

Description

EURUSD currently in an uptrend on the daily timeframe, along with possible a break and retest on the weekly trendline.
Support at 0.786% weekly fibonacci retracement level.
Trading above the EMA 31, 50 & 200 on the 4hr timeframe.
EUR currently showing as weak while USD appearing strong, indicating a change in momentum.
Ideal entry would be at 1.13650 technical support.
If the 1.14000 psychological level is broken this could suggest further bullish movement towards 1.1448, the previous daily high.
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