ForexTrendline

Is it time to buy EURUSD?

FX_IDC:EURUSD   Euro / Dolar A.S.
We had quite a move last night during the news.
The price collected some stop loss orders and it then broke above the 0,9775 level!

That means we can potentially see a further move up towards 0,9915 and 0,9990.

The idea for an upside continuation is only valid if the market doesn't violate the previous low at 0,9630.
The level of 0,9752 is also an important area where we could see price rejecting.

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