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EUR going up?
Euro / British Pound
Long
EUR going up?
By mryoung
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Updated
Jan 8, 2018
0
Jan 4, 2018
Daily chart gave us clear falling wedge. It's resistance line looks broken. We are seeing potential upward movement on this pair.
We will be looking at lower timeframes (1H) and see if this resistance line becomes support.
In this case, nice long is coming with first TP in R1 area on 0.985 and second TP on R2 area 0.9015.
Good luck!
Jan 8, 2018
Order cancelled
Price broken the trendline and went back into bearish mode.
Trend Analysis
mryoung
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