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Euro / U.S. Dollar
Short

EURUSD Broke out the Trendline support - Retest & Possible Short

By UmarAbdurRehman
Updated
EURUSD have broken out the multi days trendline with a strong momentum, waiting for a retest of the broken trendline, once it retests look for a consolidation and a breakdown again for 1.0981 first target which is a support area, if it breaks this out then watch out 1.0880 lows.
Note
snapshot

We got FOMC tomorrow, a near term support for EURUSD coming in at 1.0980 area, might bounce from there for a short term long trade.
Note
snapshot Almost to the first target.
Trade closed: target reached
snapshot Both targets hit.
Chart PatternsEURUSDeurusdanalysiseurusdforecasteurusdideaeurusdoutlookeurusdpredictioneurusdshorteurusdsignaleurusdtradeTechnical IndicatorsTrend Analysis
UmarAbdurRehman
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