olly48

EUR/USD Big Rejection From Support

Long
FOREXCOM:EURUSD   Euro / U.S. Dollar
This has made a big move from support. I previously marked this out as a buy area and this strong bounce looks good. Price needs to hold above the support I have marked with the black rectangle . If the daily candle closes above this then its definitely looking good to push higher. EMA's have only just crossed and MACD is just passing 0 so it would be nice to see this keep pushing higher before any retrace. If this all plays out then a long can be entered on a retarce to support. The TP is same as on previous analysis - 1.25529

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