Monfex_UK

EUR/USD : potential trade

Long
FX:EURUSD   Euro / U.S. Dollar
Hello, Traders!
Monfex is at your service and today we overview EUR/USD .

EURUSD has a bullish divergence by RSI and soon it will reach the 61.8% Fibonacci which is a good support level for bulls. Moreover, there was no rebound after start falling by double top pattern.


Potential profit will be in 3 times bigger than risk.

Share your thoughts, ideas about the market under the chart.

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GOOD LUCK AND LOTS OF PROFITS !!

Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.

Comments

good analysis! I hope it plays out.
Reply
The market will be fallowed by a big tendency of bear, then I think there's a better chance of stay going down until 0%
But thank you so much for share, I'll pay attention to that
Reply
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