EURUSD long term idea

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From January 2015 to Jun 2017, EURUSD had never closed above 1.1460 making this level an important zone to pay attention. Various bounces also occured at 1.1159, also a level to pay attention. Thus, having actual marking ranging between this range is a sign to wait either for a bull brake above 1.1460 or a bear bear below 1.1159.
A bull break can a a signal for a long trade with the optimum target at 1.2341 by securing profit in respect of fibonacci retracement levels.
Bear break give signal for a short trade with 1.0622 corresponding to the recent lowest low.
This is a position trade, if you're not te patient type, to follow this. Trade might take several months.

Penafian

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