With some weaker dollar trends in the near future it looks like a good time to start thinking about a long entry for EURUSD. the current trend since the beginning of this month is bullish and there is a nice level that has some prior testing (right around 1.1500) coming up that could make for a nice breakout.
It seems to be retracing to and bouncing off of its fib levels fairly nicely so that can help to time an entry long if you are looking for a few shorter term trades while we wait to get to 1.1500
I would wait for a push and close over 1.1500 and than consider timing an entry for a long.
It seems to be retracing to and bouncing off of its fib levels fairly nicely so that can help to time an entry long if you are looking for a few shorter term trades while we wait to get to 1.1500
I would wait for a push and close over 1.1500 and than consider timing an entry for a long.