LONG on 30 Mins

25 Şub 2019

Euro succeeded to break out the triangle pattern coz USA-Sino trading negotiation has a good result then US dollar is dropping . That should confirm re-start of rebound from 1.1235. Further increasing should be seen to 61.8% retracement of 1.1235 to 1.1515 at 1.1410 next. On the downside, though, break of 1.1320 will turn focus back to 1.1310 support instead.

The target is 1.1410.
Turning point: 1.1320.
Above 1.1320, bullish , target price is 1.1370,then 1.1410.
Under 1.1320, bearish , target price is set at 1.1310, then 1.1295.
RSI technical indicators are bullish and have a further upward trend.

Prior Strategy:

26 Şub 2019

Not

TP1 reached.