BostonJoe

EUR still on the climb, but for how long?

FX:EURUSD   Euro / USA-dollar
Breaking out of a falling wedge on a bull trend. The white dash line has been my projection and leading fairly well inside this 1hr triangle trend we have been in. I suspect the euro will climb to at least 1.08873. That is a great spot to take short profits and not be greedy. I believe it to be the next resistance line. A brake out above that should send us up to the 1.09016 area. Again take profits prior to desired mark.

We are still waiting for a clear indication to which direction this market will take us. Still at 50/50 for the big break out but narrowing down. I believe this week will be bullish . At least for the next two days.

watch for the reversal patterns!!

FX_IDC:EURUSD

Liknande idéer

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.