Buy above 1.3043. Stop loss at 1.3010. Take profit at 1.3120.
Euro advances, while investors are waiting for the ECB meeting
European currency was under pressure
euro must solve the problem of rising political risks
Now a downward trend is in progress
the dollar has soared above key levels recently
Euro still trying to hold above the psychologically important level 1,2
EUR/USD fluctuates ahead of EU trade balance data and U.S. economic data
Euro extends progress
Dollar to rebound against yen despite investors remain cautious
Today, the decision of the Bank of England on the rate in focus
USD JPY quotes continue to move near the local minimum area.
Of course, it's not investment advice but I suppose that it'll work.
On the chart you can see that we have a long opportunity.
We may have a potential short position if it breakout the support level.
I think that we can enter to buy after breakout.
As you see on the chart we have a sell opportunity at resistance sliding parallel.
On the chart, we have special boxes and yes its come again for this extreme bottom for the trading instrument.
On the chart we have the cypher pattern.
I suppose that we have a possible long opportunity but I'm not sure.