+125 PIP LONG EURUSD GEARING UP TO RETEST 1.2000
HELLO TRADERS,
HERE IS A FEW REASONS WHY FROM A TECHNICAL STANDPOINT I BELIEVE WE COULD SEE EURUSD GO BACK TO RETEST THE 1.2000 LEVEL.
$1. PRICE HAS FORMED A DOUBLE BOTTOM ON DAILY SUPPORT AROUND 1.17500 AREA.
$2. THE CHANNEL PRICE HAS BEEN TRAVELING IN FOR THE LAST MONTH HAS NOW BEEN BROKEN.
$3. PRICE RETESTED OFF BROKEN CHANNEL FORMING A LONG DAILY KANGAROO TAIL TO CONFRIM BULL PRESENCE.
LIKE,COMMENT, AND SHARE.
LET US KNOW WHAT YOU GUYS THINK!
HERE IS A FEW REASONS WHY FROM A TECHNICAL STANDPOINT I BELIEVE WE COULD SEE EURUSD GO BACK TO RETEST THE 1.2000 LEVEL.
$1. PRICE HAS FORMED A DOUBLE BOTTOM ON DAILY SUPPORT AROUND 1.17500 AREA.
$2. THE CHANNEL PRICE HAS BEEN TRAVELING IN FOR THE LAST MONTH HAS NOW BEEN BROKEN.
$3. PRICE RETESTED OFF BROKEN CHANNEL FORMING A LONG DAILY KANGAROO TAIL TO CONFRIM BULL PRESENCE.
LIKE,COMMENT, AND SHARE.
LET US KNOW WHAT YOU GUYS THINK!
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