Hello traders,
Do you think it’s a good opportunity to buy this dip on EURUSD, at this 50 fib of weekly chart?
Hello traders,
Do you think it’s a good opportunity to buy this dip on EURUSD, at this 50 fib of weekly chart?
I would like to see it break above 1.3000 first before turning bullish.
I see a current trading range between 1.29 and 1.30 so possibly buying on a dip to 1.29 would be a lower risk trade.
Nice charts, although I am more interested to see USDJPY heading towards 121.90/80 first.
Regarding EUR;
The pair just tested 1.3000, and after two tests of pivotal 1.2897, 4hr turned bullish and daily is slightly bullish, I will take longs above 1.3000 as this would be a good alert that broader trend is resuming.
I think the EURUSD is heading for a test of 1.2820 which marks 61.8 Fibonacci level of the recent rally 1.2482-1.3363.
I leave little odds for long from here, but I would certainly go long if EURUSD breaks 1.3051 on the upside. In that case it would be early signal for acceleration towards 1.3363 trend high.
I’m getting sea sick on this eurusd 1.2900-1.3000 ride its been two weeks now?
Yup but today look like you will be cure :). We broke 38,2% and heading towards 23,6.
Regards
Vladimir
Looks like it’s going to curve again now. At least that’s what everyone seems to think.