Euro / U.S. DollarUpdated EURUSD 8/16/17
EURUSD
Monthly: clear uptrend, first time since 2008 since EMA have crossed
Weekly: clear uptrend, price above Blue EMA
Daily: Red EMA Being tested. EMA have not crossed indicating new trend
Fibonacci level from point A to point B and Now Testing Point C, Expecting a higher high to Point D
First take profit will be at the weekly resistance or 1.09250
4 hour: counter trend line formed
Monthly: clear uptrend, first time since 2008 since EMA have crossed
Weekly: clear uptrend, price above Blue EMA
Daily: Red EMA Being tested. EMA have not crossed indicating new trend
Fibonacci level from point A to point B and Now Testing Point C, Expecting a higher high to Point D
First take profit will be at the weekly resistance or 1.09250
4 hour: counter trend line formed
Trade active
Trade closed: target reached
target reached **
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.