Hopefully NFP news would push EU up and break the descending wedge. EU has been going down since mid 2018 and a break would really help shoot it upward. Will manually close the trade but long term tp for me would be around 1.32xxx.
Same idea with my GU analysis. Sell zone around 1506-1509.
Based on my analysis, bullish momentum will continue after NFP news given that there is little resistance for most USD pairs such as GU. I am seeing resistance when it reaches around 1.323xx-1.328xx area. Bullish momentum is clearly exhausted. If we check the period of March 18-25 2019, we could see that there is a huge volume of sellers. I am selling at...
Just opened at 1.99930 and will hold it for a few weeks. Maybe a too early buy from me but let's see.