Euro / U.S. DollarUpdated lllllong term view on EU??
just looking at previous support and resistantce here
monthly MA and Fibs formed good resistance, and we may drop back to 1.11 levels?
monthly MA and Fibs formed good resistance, and we may drop back to 1.11 levels?
Trade active
100pips in the pocket so far
Note
300pips in, taking some profits here. Note
ready for a bounce here?Note
bounce didnt happen. still shortlooking at next area of resistance though to take some off the table and maybe even place a few small longs for a long term trade
Note
bounce did happen.
today FOMC reason for further sell or buy?
Note
Trade active
solid break of resistance;flag/triangle - whatever you call it, its consolidation, and it broke out of it.
AB-CD measured move from it, would bring price right into the GAP around the 1.0750-1.0850 levels!
Note
bouncing of 200Ma
double bottom forming
pin bars
previous resistance & now support
all of the above is enough reason to go long EURUSD here
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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.