meszaros

EURUSD Update (target price reached).

OANDA:EURUSD   Euro / U.S. Dollar
EURUSD Update (target price reached). We currently have two options. 1. close the trade manually and put a profit of around 300 pips in your pocket. 2. Let's try to run our long position further. The chart is switched back to H4 timeframe. The figure shows the white square. This indicates the H4ATR range. The red narrow squares are the "spike areas". In the event that the rise remains, I assume that it may start in the H4ATR range. The next target price is 1.11311 I have one comment. I recommend that you start another long position from this range only during H1 timeframe.

Comments

what i wanted to say was dollar demand will be back
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meszaros ChartsMechanic
@ChartsMechanic, Thanks for the comment. I agree with you. I expect another rising wave until a more lasting dollar appreciation.
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i think weekend will be risk covering, every monday so far was the indices gap down and the recent rally may be running out of steam soon
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