Eur is still making higher highs, euro is extremely strong right now. Just looking to squeeze out the last pips out of this pair. My target is the weekly resistance at 1.1925
Simple Idea: If we see the 3rd-touch of TL and structure retest of 1.1570, we can look for a nice 140 -180 PIP upside move to first 1.1710 and second 1.1760. It would also a ABCD pattern.. But be careful, EURO is rising to the moon the last 3-4 Weeks..Keep your mind and eyes open....
EURUSD new Yearly Highs. The yesterday Daily breakdown through the Lows, was a Bear Trap. Now we can see a climb to new Yearly Highs. First Target is the area by 1.1250 and next Target is 1.1350 In my view it`s possible that fresh Sellers comes by 1.1250, this Sellers are important, for new fresh Highs. Good Luck Michael
IMPORTANT NOTE: You should read my "Link to Related Ideas" to see the changes I've made. I've wrongly graphed the 4-hour chart regarding this Forex pair -- I adjusted it to the actual one -- and now I am seeing the final of the Euro rally relief -- comeback is real? On several Euro pairs such as EURUSD, EURAUD, and EURJPY, fakey pin bars have formed suggesting...
Seems like a Inv.HnS in the Index. DXY seems like retesting a descending triangle formation with limited upside and big divergence in the RSI. Both premises together make me deduct a probable strenghtening of the EURO. Also, French elections + Eurostocks sentiment are good. We can ride this uptrend while it lasts.
Fundamentals: Strong EUR because of French election and weak yen Technicals: Just broke 122.05 which is a strong level, looking fo a retest with a rejection there, creating a trendline, followed by strong bullish momentum.
EURNZD posed for a breakout long on weekly .786 retracement
Good RR. EURUSD up to 1.18xx with Option to 1.20xx - 09/2016 to 03/2017. Watch out: italian Banks could be the next threat for financial markets and finally for the global economy. #Baddebt #high #volatility / Just FYI. For all other inquiries, don't hesitate to leave a message. I wish you best success.