Perfect stock for long term investments.
Currently sitting near the short term support on 1hr TF.
Wouldn't mind if it dropped further. Its a buy more opportunity if it drops further down. STAYYYYY BULLLISHHHHH!
(Strong technicals and fundamentals.)
NOTE: PLEASE NOTE THIS IS A LONG TERM IDEA
EURUSD has been consolidating for a past few weeks and now it looks like the price is an upward channel should price respect the levels and gains enough buyers to cross through the 1.13500 level previously we saw a fakeout so beware only enter with confirmation when price retests the 1.13500.
(This is only a future trade idea please use proper risk management and...
The price has crossed the a resistance level which had pivot points. the price did a retest and now the resistance might act as a support level. the price has now started to approach towards the 200 exponential moving average which could act as a new resistance (the black line).