This pair is trading above Moving Averages of 20 and 50 days.
RSI is above 50.
MACD is about to turn positive and is above its signal line.
The fundamentals are supporting the increase of the Euro.
Support Level been retested twice and price is been pulled up.
Take Profit at 1.6965
Stop loss behind 1.6667 ( at least 20 Pips).
RSI is above 50.
MACD is about to turn positive and is above its signal line.
The fundamentals are supporting the increase of the Euro.
Support Level been retested twice and price is been pulled up.
Take Profit at 1.6965
Stop loss behind 1.6667 ( at least 20 Pips).