EURUSD – Up
On the weekly chart above,EURUSD broke above a resistance zone 1.1556-1.1471 with a big green candle, price retraced to it once then went up to a resistance 1.2449,it could not break above it and was rejected, it then declined steadily towards 1.1556-1.1471 and did not breach below it then went up. Last week, price pulled back to the zone and was rejected again. I expect bullish momentum of price this week and the weeks to come towards 1.2449 and a breakout above it for a further rise in price towards 1.3469.Im looking to long EUR within 1.1556-1.1471 with my take profit at 1.2449 and stop loss around 1.1155.
Long EUR within 1.1556-1.1471 with your take profit at 1.2449 and stop loss around 1.1155.
101% Double the volume
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