USDEUR is situated into ascending channel,here we can see a nice uptrend but they need to retrace it a little until 0.618 fib support because:
-Macd still overbought
-Stoch hard overbought above 90 and also here we will see a bearish cross soon
Rsi situated into rising wedge which means will make a breakdown=bearish confirmation also
Bullish sign=we are above ichimoku cloud but at the moment we need a little retracement.
Targets 0.8804, 0.8785, 0.876 , 0.8710. 0.8680.
STOPLOSS 0.8870
-Macd still overbought
-Stoch hard overbought above 90 and also here we will see a bearish cross soon
Rsi situated into rising wedge which means will make a breakdown=bearish confirmation also
Bullish sign=we are above ichimoku cloud but at the moment we need a little retracement.
Targets 0.8804, 0.8785, 0.876 , 0.8710. 0.8680.
STOPLOSS 0.8870
Trade active:
First target done
Trade closed: target reached:
Target reached guys..
ENJOOY :)
ENJOOY :)