EU looks very Bullish, as price recently bounced off monthly ascending trend-line. On 2 week time-frame, price is breaking out of Bullish flag with 0.5 fib level underneath it (1.15959) , which perfectly acts as support. If price manages to re-test it, then it'll be a perfect entry for Long-Term Buy position, with first target at (1.25500) and last at (1.59000)
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.
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.