Hey Guys, We have analysed this swing trading opportunity on EU. This currency pair continues its bearish trend after breaking strongly through the support level of 1.17 last week. It consolidated slightly after this but not looks to continue its move lower creating lower highs. The target for this trade is 1.14438 with a 3/1 Risk Reward.
Hey Traders, over the next week we are looking for more Euro bullish movement against the US Dollar. The minor structure support level of 1.18020 has been respected and therefore we look for it to hold support once again. Target for this trade is 1.19031 which is a monthly resistance area. I will update the progress of this trade on our Instagram page so go follow...
Hey Traders, over the next week we are looking for more Aussie/USD bullish movement. The monthly support level of 0.79073 has been respected and therefore we look for it to hold support once again. Target for this trade is 0.80345 which is a weekly resistance area. Stop loss is placed at 0.78713. I will update the progress of this trade on our Instagram page.
If...
Hey Traders, over the next week we are looking for more Euro bullish movement against the US Dollar. The minor structure support level is being held firm. Target for this trade is 1.19031 which is a monthly resistance area. I will update the progress of this trade on our Instagram page @thetradingdivision.
If you are interested in learning how to trade the forex...
Hey Traders, over the next week we are looking for more Aussie/USD bullish movement. The monthly support level of 0.79073 has been respected and therefore we look for it to hold support once again. Target for this trade is 0.80345 which is a weekly resistance area. Stop loss is placed at 0.78713. I will update the progress of this trade on our Instagram page...
