EURUSD have been in a strong downtrend since mid 2018. Will this bear market continue? Maybe, maybe not. Price closing above 1.15 wil be a strong bullshit signal for me with a profit target at around 1.17. In the contrary, a close below 1.1220 will be bad news for the EUR. Target could be at the 1.10.Aggressive trader can go long when price closes above the Ichimoku cloud. It's up to you. I feel good with higher timeframe.
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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.