EURUSD price has now broken the channel with a strong bullish candle and it is sitting nicely above the 20ma (4hr) MACD and RSI also point out some correction may be on the way. Bearish trend is very strong for the moment but we are now looking for a chance to buy on the pullback right above the 20 ma (1.0420-1.0430) with a stop of around 50 pips targeting 1:1 at least.
Kommentera:
make it a free trade and lets play along