alan3cA
Long

EURUSD - Buy at 1.2375 and 1.2352 (stop 1.2316), Wednesday

FX:EURUSD   Euro / U.S. Dollar
Yesterday's bullish call was confirmed as investors bought EURUSD             to higher levels for a 2nd day in a row. Most importantly this move took the currency pair back above the key 13 day mvg             avg             , and last Wednesday’s Marabuzo line. The scope of the move from Friday’s low means signals for sentiment are overbought. This may lead to a reactive move, especially after Asian upside, but our studies are, temporarily, positive and so this morning’s call is Bullish from the open but leaving room to also buy a 1.2352, Asian open dip. The risk is 1.2316 with upside targets of 1.2406, Feb 7th high, 1.2434 and 1.2476, the 6 & 5th Feb highs.

Take a Free Trial of our full analysis service at http://www.3cAnalysis.com/trial
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out