EURUSD ! is expected to up, long trade idea

avatar
· Views 1,068
EURUSD ! is expected to up, long trade idea


It's been a tough week for EURUSD trading, Although the support line was broken, but EURUSD didn't show a down impulse, so its fakeout. For me, the direction is now clear. So I'm think that the growth will continue after some correction movement. Open a long trade when the checks the fibonacci 38.2, 50 level or break the resistance level.

I see, DXY looks bearish in the short term, so the XXX/USD pair is likely to rise.

If you look at the weekly chart, EURUSD has been trading in the descending channel for a long time, now it's trying to break it. #OPINIONLEADER#

Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.

Like this article? Show your appreciation by sending a tip to the author.
Reply 0

Leave Your Message Now

  • tradingContest