We use Cross Market Analysis to confirm our individual analysis of Eurusd forex pair.
S&P 500 we see in a Triangle pattern of 4th wave proportion
EurUsd looks to be in some sort of Correct price patttern to be exploited short term by Bulls to the next target of 1.1890.
If Price Breaches this level we shall see 1.1920 area.
Trade : Long Eur Usd @ Market Price around 1.1859
Stop: 1.1847
Take Profit: 1.1920
Be vigilant around 1.1890 area. Could be chance to take profit and Re-Buy on Dip.
S&P 500 we see in a Triangle pattern of 4th wave proportion
EurUsd looks to be in some sort of Correct price patttern to be exploited short term by Bulls to the next target of 1.1890.
If Price Breaches this level we shall see 1.1920 area.
Trade : Long Eur Usd @ Market Price around 1.1859
Stop: 1.1847
Take Profit: 1.1920
Be vigilant around 1.1890 area. Could be chance to take profit and Re-Buy on Dip.