I believe EURUSD is going to retest the 1.12 levels before turning bullish, because of all the negative news coming out of EU right now, with BREXIT, Italy and France. And we test the 1.12 support level before going back to 1.15. I think the negative sentiment on EUR will fade under the 2 first month of 2019. Italy will be resolved and Brexit will have clear signals on where it is going. And if the pressure is still on EUR i would not be surprised to see EUR at 1.1 lvls. Lows of 2015.
Iam going to wait for EUR to break, pullback to resistance lvls and then buy. The trade will have a big move since EUR have been under alot of pressure in resent time. Wanna catch the wave up if the bulls comes back, i believe the bull run can run longer then the bear run. And the market can turn into a bull market if more things a line themselves, with EUR growth and US slowdown.
Iam going to wait for EUR to break, pullback to resistance lvls and then buy. The trade will have a big move since EUR have been under alot of pressure in resent time. Wanna catch the wave up if the bulls comes back, i believe the bull run can run longer then the bear run. And the market can turn into a bull market if more things a line themselves, with EUR growth and US slowdown.