we are waiting for the price to break down 1.14972 with target 1.13321 waiting for the the price to break up 1.16917 with target 1.17977
EURUSD short possible trade
EURUSD GOING UP ( Maybe ) one of the most important things to have look at and study carefully while taking a decision in trading is the Volumes!
Trading made simple this is a simple Breakout trading strategy and IT WORKS!
EURUSD Possible moves
We can see a triangle pattern in case of bouncing from the marked support area and breaking above the upper triangle the pair will possibly go more up but if we break below the marked support and closed below it the pair will possibly go down
Currently we do have a main down trend in GBPJPY but we slightly start seeing a new up trend with two bottoms . but this doesn't mean that the trend is likely to continue going up. we can see currently we are at a resistance level and a Fibo line level we've been there for almost the past 12 hours the trend is struggling in this current point . If we break...
we are expecting to go short from 0.71600 with first target 0.7100
In the triangle pattern we are wating for a break-out above 1204.00 to go long with target 1213.40 and a break out below 1190.87 to go short with target 1181.00
it's expected that EURUSD will stay sideways in the market areas.