riffster21

EURUSD - A buy after the breakout

Panjang
FX:EURUSD   Euro / Dolar A.S.
Hi guys, the EURUSD has been grinding higher over a past few days. Most technical and fundamental analysis suggested a continued bullish move. However, I won't buy (again) until we see a break above short term down trending resistance. I went long after the second bounce off of support. I will add to my position if we break above resistance.

The market barometer supports a weak USD:


This is not investment advice, just my opinion(s). Please trade accordingly.

Trade safe and keep an eye on news.
Penafian

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