Inacio_1998

EURUSD Analysis OVERVIEW

Long
FX:EURUSD   Euro / U.S. Dollar
EURUSD analysis Overview -
Monthly Chart - strong bullish closure, still got room until reaching a monthly Key Level Weekly Chart - previous weekly candle closed as a doji , showing some indecision as we reached previous weekly resistance. Daily Chart - uptrend (retracement over), previous candle closed bullish creating a morning star pattern. Could heading towards previous Daily Resistance now. H4 Chart - was previously ranging, broke the level of resistance and retraced all the way back down to the support level which now has bounce from, using fibs projections I would be looking to see this go the -27, in other words create a new higher high. 30m Chart - initiated an uptrend, we just had a double bottom form at the 38.2% level, i'll be waiting for a break of the last resistance level formed and then a pull back to potentially join this long movement.

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