JayyTrades

EurUsd Long Potential

Panjang
FX:EURUSD   Euro / Dolar A.S.
For this setup im anticipating seeing EurUsd trade slightly lower into the key psychological level of 1.7500. In terms of price action we are seeing a descending wedge pattern that is coupled with very noticeable divergence with our RSI, giving us a sign that price is losing downward momentum and can likely expect to buy to the upside soon. From this level, i would want to see price buy all the way up to 1.2000 which is a major major psychological level for EurUsd. This Long idea is also supported by UsdJpy giving a nice high time frame short opportunity. Will be posting an idea to that soon.

Penafian

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