Euro / U.S. Dollar

EURUSD broke into long term bullish territory again

884
Our upper target for EURUSD has been hit and now a new trend is emerging.

The price almost touched Fibonacci 0.786 during the Fed today and is retracing.

We are expecting a test of the 1day MA50, which is inside the volatile Support Zone A.

Buy, if by the time of the test the 1day RSI also touches its MA.

Target 1.10250 (Resistance B).


Previous chart:

EURUSD Solid buy setup. Ascending Triangle targeting 1.0800.


Follow us, like the idea and leave a comment below!!

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.