EURUSD close to neutral but can still rally
EURUSD close to neutral but can still rally.
The pair declined from the high of 1.1734 below 0.382% of the initial run. A break above 1.1609, we will open a long position expecting a cross towards the starting point of the retracement.
Above 1.1734, we can expect to see price trading close to 1.1835.
Entry Long: 1.1610
Stop : 1.1520
T1: 1.1835
The pair declined from the high of 1.1734 below 0.382% of the initial run. A break above 1.1609, we will open a long position expecting a cross towards the starting point of the retracement.
Above 1.1734, we can expect to see price trading close to 1.1835.
Entry Long: 1.1610
Stop : 1.1520
T1: 1.1835
Trade active:
Well above EMA8
Comment:
This wave is intact, price behaving as expected. Keep long!
Comment:
Patience is paying off with this one. keep the long