Possible Long Scenario on EU
Price has broken above the trendline and seems to be enjoying its support now. My new scenario on this pair is that we COULD revisit 1.18739 IF and only IF that support line holds!.. however to have that clear confirmation i will wait for price to close ABOVE and RESTEST 1.18077 which is the highest of that area. Failure to do so could send this pair crashing back further down.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.