CHANGE of BIAS for EURUSD. To 1.1280 ZONE!

By MountOlympusFx
Updated
snapshot


- 1hr: 1.1177 couldnt hold as resistance and broke above it. What is likely to happen now is that price will now test zone as support & because EU on higher time-frame is bullish we could see price reach 1.1280 resistance from here. Extra confirmation of bullish presence is an inverse Head & shoulder pattern signalling a reversal.
Trade active
Trade closed: stop reached
Chart PatternsdollaDXYEURForextradingTrend AnalysisUSDWave Analysis

Related publications

Disclaimer