JeffMzee

EURUSD Bullish Probability - Buying the Upside Break

Long
JeffMzee Updated   
FX:EURUSD   Euro / U.S. Dollar
With an ECB not keen on pursuing further rate hikes, the Euro should appreciate further than the Greenback, up until the lead up to the next increase in interest rates by the FOMC.

Technical levels on chart. Price is about to break a tiny wedge. Longs on break and close above this descendant trend-line.

Targets:

  • Target 1: 1.120
  • Target 2: 1.135
Trade closed: target reached:
Goodstuff.

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