nice FLAG formation. Now waiting for BO and one more run south. should be a very nice trade...
I believe there is more upside to come after the FED meeting tonight since rate hike is fully priced in and negative comments on no wage growth must be mentioned today. my idea is that the pair should have one more leg of correction up before we see price go under 1.03.... lets see
technically very nice BO of pattern and a hook ...... it should go down very soon
broken pattern and several other technical confirmations saying that this pair should go up. Long term potential is much greater but this is my short term setup for now.
We have tons of technical confirmations for this trade to go up at least to my target point. There is head and shoulder pattern confirmed at the bottom with a very nice hammer candlestick, trend and pattern line breakout and solid 8h confirmation that price stayed above the line. There is also divergence on RSI and strong steep progression of new direction. Lets...
Similar to the euraud also eurnzd made an important BO at very extended long term correction levels. For now it looks like this might be the big trade up but for now I think target to my levels is a very high probability.