Awaiting a confirmation for the EUR/USD to go bullish towards @1.149 and @1.180
Buying EUR/USD as it retraced previous resistance @1.1450. Previous resistance now becomes support. Next target @1.18
EUR/USD got rejected at the support-line @1.046 and it has been in a bearish trend-channel for some time. There could be a re-test of support @1.046 or a direct rise up to 1.175
On a daily basis, the EUR/USD looks like stuck in a triangle with a resistance @1.129 If it breaks to the upside, set TP1 @1.175 and TP2 @1.1800 If it breaks to the downside, set TP1 @1.0800 and TP2 @1.045 My opinion is LONG – have a look at my monthly outlook!
Hard resistance @1.0505 - Could probably test @1.2600 LONG TP @1.1750
Following the upside trendchannel - waiting for a retracement of the 1.13183 Level to go long. BUY Target 1: 1.13420 Target 2: 1.13800
Though I saw the bat-pattern (for buying), I think it will follow it's trend-channel downwards to 1.05 (psychological level) and further downwards to 1.046. After the completion of this downtrend it could possibly be an uptrend regarding to the bat-pattern