EURNZD Sell @ CMP 1.6890 Stop Loss = 1.7480 Take Profit 1 = 1.6646 Take Profit 2 = 1.6353 Take Profit 3 = 1.6109 For Forum Discussion: EURNZD LeTechs Forum
EURUSD 1.1895 Target 1.2087 plus Stop 1.1775 Rationale: 1) Inverse H & S formation observed. 2) Price pierced past the neckline resistance level, which possibly could act as a support. 3) Price possibly forming cup and handle structure.
After breaking the H&S neckline it is retesting on Daily time frame with little support in curve trendline and daily candle looks like an inverted candle (Since few more hours to go) if we get inverted candle then the break of curve trendline will bring the pair down to next support zone. If we go down the time frame it has beautifully rejected the neckline.
Rounded Bottom pattern formation on EURUSD and it will break on upside. Trade: Buy above - 1.15315 Target 1 - 1.19027 Target 2 - 1.22900 Stop Loss - 1.09915
EurNzd 15664 Stoploss 15635 Looks great with target 100+ Pips
The uncertainty of the upcoming french elections as well as the weakening US dollar will make the EUR touch its long term resistance @ 1.0778-1.08.
sell originated in eurusd with target 1.0869, 1.06980 and 1.0572 alternate scenario price breaks above pivot(red) and will tend to break yesterdays high indicator used pivot points Fibonacci 5 SMA bollinger bands
Euro is about to give one last short move and then big UP move in coming days - Watchout - Some serious pips to be made
Symmetric Triangle on EURUSD and it may break either side. Trade for Long: Buy above - 1.05490 Target 1 - 1.05780 Target 2 - 1.06070 Stop loss - 1.05105 Trade for Short: Short below - 1.05100 Target 1 - 1.04870 Target 2 - 1.04505 Stop loss - 1.5490