EURUSD TRENDthe bulls are coming in control again this week as dollar is under pressure,
situation clearly prefers upside
with targets 1.1090
1.1138
1.1197
alternate scenario
if price breaks below1.0929
supports are as follows
1.0860
1.0810
last week sell has hit the first target
CHEERS
HAPPY TRADING
Eurusdlong
#EURUSD heading towards 0.9888 by the end of the year.EURUSD seem to be looking at working its way to go down towards parity. The current political and economic climate might seem to suggest the same as well.
With geo-political issues people run towards the Dollar safe haven status again and Euro is always one country away from having another round of news being going everywhere that the union might be breaking.
Above are some of the reasons because of which I might be opening only short positions in Euro now.
Good luck all. Would love to hear your comments on what you all think.