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Chris_90

EUR/USD - Bullish Scenario

Long
Euro / U.S. Dollar (FX:EURUSD)  
Chris_90  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Fundamental Analysis euro eurdollar EURUSD Forex patterns USD Technical Analysis
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trendanalysis chartpattern fundamental euro eurdollar eurusd forex patterns usd technicalanalysis
As is stands i am expecting the DXY to go down (See previous post) which means we will be looking for XXX/USD Longs. Here we have EUR/USD which is at a AOI for me, its forming a falling wedge along with the DXY forming a rising wedge giving good indications that we could see a reversal soon. I have marked out 2 Long scenarios here.

Risk entry will be the 3rd touch of the bottom trend line

Safe entry is break and re test of the falling wedge

Lets see what next week brings! :)
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