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SeniorAnalystTr
Dec 24, 2019 7:56 PM

EURUSD 

Euro Fx/U.S. DollarFXCM

Description

For EURUSD We expect another attack on 1.12 at least
Price makes 2618 pattern on the daily time frame and already market leaves weekly Support Zone after making gameplay with stop hunted which is around 1.10
Now on the 4h timeframe, we can monitor ascending double bottom development. If we can break out the trend line and can catch nice pullback on the 1h/15m time frame we can join the swing with a good Risk/Reward ratio.

If you have any other opinion about this pair. Let me know in the comment section below!

Don't forget to hit the thumbs up button if you enjoy the analysis!

-mecZpasha

Trade active

Comments
UnknownUnicorn5176330
08/01/2020 EurUsd at 1.1116 is considered as A Secure Support Level - Targets Higher include 1.1366 & 1.1458
UnknownUnicorn5176330
EurUsd Rate Update from 1.1068 Low & New Target https://Highhttps://www.tradingview.com/i/7mhqjMS9/
UnknownUnicorn5176330
@forexcandles,
Eddie7232
Awesome analysis. Thanks for sharing
SeniorAnalystTr
@Eddie7232, Thanks, Eddie!
UnknownUnicorn5176330
25/12/2019 EurUsd Rate Update -
SeniorAnalystTr
@forexcandles, Thanks for sharing!
meteurt7
MecZpasha. Thanks for your analysis and accurate signals...
SeniorAnalystTr
@meteurt7, you are very welcome!
MikulovicFOREX

Looking good and well defined.
My bias for EU is very optimistic aswell.
God bless
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