Euro bulls ready to bounce
Updated
Price is accumulating, doesn't seem to want to breach 0.85 area, perhaps this is where the Euro will take control.
Trade active
Price is approaching the 4H 200 MA, if we can get a strong break past it, that should prove to be solid confirmation that the uptrend will continue.Note
Support continues to hold strong in .85 area. My target is .865, back towards previous resistance.Trade closed manually
I'm not liking the way this pair has behaved as of late, so I'm going to go ahead and close my position, while I'm in profit.If you took this trade originally, when I first posted this analysis and price was around 0.854, then you should be in profit.
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