IvanGyimah

IvanGyimah

With a bearish weekly close, we can anticipate this pair to go much lower. Observe price action, wait for pull backs in order to secure the best entry. Comment views below, check chart for more details.

IvanGyimah

I price remains within this bearish trend line, sell rallies. We could see a rally to retest the resistance at 0.72640, which was previous support. Nice trade setup for the up coming trading week!

IvanGyimah

If Price Should Find Support at 1.12260, We Could See Prices Move Higher - Heading Towards 1.14000 - However in saying this, I am in fact highly skeptical of going long on the Euro due to various uncertainties regarding the Greek economy and continuous failure to agree a deal with IMF and other monetary authorities. See my other ideas (Scenario 1) for my...

IvanGyimah

If Price Should Find Support at 1.12260, We Could See Prices Move Higher - Heading Towards 1.14000 - With so much uncertainty surrounding Europe and Greece, I am less inclined to take a long position. However, should the opportunity present I will execute with a tight stop. Comment views below. Thanks.

IvanGyimah

I believe the rally we experienced on Friday was a momentum building exercise to then sell into buying pressure. My first target will 1.11000 June's NFP Low. I will also post an alternative scenario to the upside. Comment below on what you think.

IvanGyimah

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IvanGyimah

See chart... Comment your views below!

IvanGyimah

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