EURUSD new Yearly Highs.
The yesterday Daily breakdown through the Lows, was a Bear Trap.
Now we can see a climb to new Yearly Highs.
First Target is the area by 1.1250 and next Target is 1.1350
In my view it`s possible that fresh Sellers comes by 1.1250, this Sellers are important, for new fresh Highs.
I see a Bear Trap in the Price Range beetwen 1.1100 - 1.1160.
I my View we see new Highs in the EURUSD. First Target is the Area by 1.1250
In this Area is possible that Short Trades comes in the Market with Stops above 1.1270. But I see not potencial for a big downside move, which change the upward Trend.
Speculative Trader goes Long and carefully Trader wait the...
With starting this Week, the NZDUSD have make a strong upward movement. Last Week the monthly lows from April have held.
In my view, the upward movement has a good chance of breaking through the Month's highs from March and April.
The Entry for Longpositions is good between 0.6990 - 0.7040
First Target 0.7100 and the next Target is round about 0.7240
We see a strong Week in the EURUSD, with new Yearly Highs.
Basically I see a bullish situation in the EURUSD - but addional I see a possible short Trade, for a short time, with good potencial for a winning Trade with 100 Pips and more.
The Momentum of the last Week was strong and hard. After such a week, it often happens that the momentum simply reverses. One...