LONG TERM ( 3 to 6 Months )
We have been expecting the EURUSD to get to a bullish ramp but we have been disappointed before. Will this time be different ?
We are looking the EURUSD to break
1.1750 and head to 1.1790 before we can actually confirm the Bullish trend .
Next is the 1.1815 and finally 1.1940
WARNING: The EURUSD might drop to test 1.1500s to hit some bids before regaining the Uptrend again . Be on the look out if it happens.
We have been expecting the EURUSD to get to a bullish ramp but we have been disappointed before. Will this time be different ?
We are looking the EURUSD to break
1.1750 and head to 1.1790 before we can actually confirm the Bullish trend .
Next is the 1.1815 and finally 1.1940
WARNING: The EURUSD might drop to test 1.1500s to hit some bids before regaining the Uptrend again . Be on the look out if it happens.
Note
We have now confirmed the bullish trend but we also need to be on the lookout because this 1.1790 area has rejected EURUSD several timesNote
Expect a slight pullback from 1.1780 Area since a major resistance is Starting at 1.1790 Area . We should have a pullback to grab some good bids seating in the former resistance ( Now weak support) area around 1.1745/60 area .
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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.