Πέμπτη 7 Απριλίου 2016

Technical Analysis EUR/USD

On Daily timeframe the FX pair shows uptrend. H8 is back to the uptrend after a smaller correction. The resistance levels are still causing delay. But maybe now the market will have enough power to break. H2 seems finished its correction and now heading up. This can give good LONG positions. And the TP is R2. But take in care maybe there is an alternative option before the breakout. The market can form another small downswing and it will head up just after.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.

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