There is heavy Resistance from the Lower High trend line on 1D (bold dashed line).
If broken to the upside, a -0.82% high from the previous top may be made. The target on this scenario is 1.1353.
If rejected, it should test the 1D Support at 1.11815.
*Notice the 4H Channel Up pattern that resembles the one during February. This supports more the bullish break...
** Only for short term perspective. Can be invalidated by news driven volatility. **
Pattern: Channel pressure points on 1D.
Signal: Bullish after a Lower High bounce.
Target: 1.13080 and 1.12340.
Traders who want to follow a safer approach my medium term view remains bearish and the short target below (1.1130) is still...
EURUSD - BULLISH - Cont. to $1.14 #Forex #FxProNow
We see that price has broken an area of support.
Here is the retrace, now looking for a bullish engulfing around $1.1297 to $1.1265.
SL - Price should not Close lower than $1.125
TP - $1.1400
Any questions... Leave a comment.
EURUSD: BULLISH TP: Swing to 1.172 - 350 Pips #Forex #FxProNow
We see price is still at this level of support on the Higher TF - Weekly
There is no signs of breaking it...
I am looking for this support to stay held and for price to push up at the least to 1.172
I found this by going to the Weekly and finding where should price get to, at the least? 38.2% -...
EUR/USD expect long term boom. it is going to uptrend with all next week calendar upcoming events.
What Is an Investor, its a full of answer. An investor isn’t any individual or other entity (for example, a business or mutual fund) who devotes funding using the anticipation of acquiring fiscal yields.
Greetings from Vugar.
We compared H4 and D charts in EURUSD, decided that there is good decreasing channel is created.
- What should we do?
* Wait for upper border of this channel and sell from the top.
* Wait for the breakout of this channel to downside and sell massively.
In both case we have to wait yet. EURUSD may be dangerous nowadays.