EURUSD Update 12 March 2016

FX:EURUSD   Euro / U.S. Dollar
757 10 18
Dear friend's,

I close what ever i see in this chart. it have good risk vs. reward. First, 12750 then fall to 05550.


Comment: good afternoon guys. euro may continue bullish move and we need to see how react with 12750 - 13000 zone.
Order cancelled
Trade active
I agree with you
+1 Reply
Euro at strong resistance. But I will short only after daily candle shows clear bear signal. This is for avoiding stop hunting. Thanks !!
+1 Reply
Thanks for sharing :D . Tthere is long wick in the upper candle, it seems eurusd hard to move higher now 1.300.
is it okay to sell now?
+1 Reply
PooyaSalehipour queenrossana
yes, but please keep your stoplose
EUR will not touch the resistance (trend line) this time (USD is oversold in DLI, 70% RSI already passed). 05550 looks real but after two ECB reports with HISP close to 2% in y.y., so IMHO first target is 1.09
+1 Reply
thanks for the comment. but we have only 130 pip .
Mharvester PooyaSalehipour
130 pips to which target?
+1 Reply
+1 Reply
Mharvester PooyaSalehipour
130 pips can put a crimp in a good trade. EU markets (Xetra DAX, CAC40...) closed with good plus, so in Monday EUR starts with descend.
+1 Reply
maybe. ! Thanks for sharing your idea.
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