BemEra

BemEra

On the 30 minute time frame we see some sort of head and shoulders pattern. Basing on the overall trend, the trend is still on the up trend and we can see it might break the resistance. If it breaks the 1.42000 there's a probability that it will continue moving upwards and the target will be around the 1.42400 area.

BemEra

The EURUSD is approaching a support line and if it bounces back and breaks the trend, we can look for long opportunities. At the moment is hold for long term.