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EURUSD / H4 / Daily Forex Technical Analysis / 4.11.2019

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Euro / Dolar A.S. (OANDA:EURUSD)  
FuturesForexClasses  
OANDA:EURUSD   Euro / Dolar A.S.
Trend Analysis Chart Patterns Technical Indicators dailyanalysis Forex forexsignals h4 april2019 Technical Analysis forextrading EURUSD forexforecast
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trendanalysis chartpattern indicator dailyanalysis forex forexsignals h4 april2019 technicalanalysis forextrading eurusd forexforecast
Hello Traders, welcome to the DAILY Forex technical analysis. Today is April 11th, 2019 and we will be taking a look at the Euro against the U.S.Dollar. Looking at the 4 hour time frame we can see we have made a series of higher lows and price action is now consolidating above major key support and resistance near the 1.12548 area. With this consolidation we will be looking for a optimal long position to set its self up. If we break out to the upside past the most recent highs, it could set up a profitable long. With a long entry above the local highs around the 1.12881 area, with a stop loss near 1.12477, and a profit target area of 1.13605, we can ensure a R/R of 1.79 to 1. We are so thankful to have you tune in, please feel free to write a comment or leave feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
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