Yesterda, also as USD/JPY I mentioned to closed all position, because it's now was a manipulation, but I make a good profit. So, in htis technical analysis I see how EUR/USD has break up the simetric triangle and so continued the bullish trend if the conditions in USD has going bad for this economy in United States. So, I use Fibonacci and trend Fibonacci and hope that the price leave at the zone 0.382 or 0.618 of Fibonacci and reach a take profit of the trend Fibonacci at 0.382 or 0.618 of Fibonacci.
So, in daily if EUR/USD has break up the simetric triangle, we can to watch this scenario
So, I have as signal a good news for European Union, because we have that France and Germany proposed a $500 billion coronavirus relief program to support an economy recovery in the Euro Zone. and also what this countries are re-opening the commercial in this countries, the impact it's can be very impresionant for USD that was a bad news for the moment.
So, in daily if EUR/USD has break up the simetric triangle, we can to watch this scenario
So, I have as signal a good news for European Union, because we have that France and Germany proposed a $500 billion coronavirus relief program to support an economy recovery in the Euro Zone. and also what this countries are re-opening the commercial in this countries, the impact it's can be very impresionant for USD that was a bad news for the moment.
Order cancelled
The position was cancelled, because now EUR/USD has present a bearish movement
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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.