UJ SHOULD RETEST THEN TAKEOFF TO MY TP OF 115.723.
ONCE UJ TEST THE MAIN TREND LINE IT SHOULD BOUNCE AND HAVE ENOUGH MOMENTUM TO BREAK THE RESISTANCE.
MIGHT NOT GO AS HIGH AS .534 BUT IF IT DOES THAT IS GOING TO BE MY RE ENTRY. WATCH NFP
UJ LONG TO 112.500. LONG SINCE 112.100 UJ WILL TAKE OFF MOST LIKELY AFTER IT CLOSES ABOVE THE 112.217 SUPPORT.
gonna go back long once UJ hits the fib retracement. Dont see UJ dropping lower than 108.714
uj short. not all of my analysis i deleted somethings but i left the basics.
I have been watching the EURUSD for a while and as the dollar has been doing well, Euro time has come. Based on my basic chart we can easily see something big is going to happen here soon. Placing a buy once its breaks my 1.11800 resistance is going to be perfect. I would recommend staying in for a strong 100-200 pips but the trend line alone is showing promising results.