EURUSD at support and tested if can break support and trendline can drop to 1.09271 - 1.07602
if can't break support and trendline easly can rise to resisitance at 1.11289
The Euro sees its longest streak in 15 years on the back of Christine Lagarde, announcing that the ECB will provide an extra $1T in stimulus to combat the effects of the Coronavirus. The Euro against the USD has spiked to 1.127 to just under 1.135 on the back of extra stimulus. Pointing to inflation and price stability as concerns, Christine Lagarde stated a...
As we expect EJ to go higher, why not enter, ride the wave and join the party as we go to the 121.000 zone.
Currently, we are taking profits at around 118.300 then we wait for price action to re-enter long again.
BUT be on the lookout for the brexit vote on 31st Oct.
Hello Traders,
Looking at the EURUSD pair we have a Wolfe Wave that just completed at point 4. Looking at the 1-4 line trajectory we can see that it has acted as an anchor throuhgout the formation of this Wolfe Wave. I'm looking at 5 and potentially 5' to complete.
If we see completion at point 5 look for the 1-4 line as your exit target. If we make a lower AND...
