EURUSD: May reach 1,2600

in #money6 years ago

eurusd2.jpg

Hi Steemians!!!

I share with you my EURUSD Forecast.

Regarding last forecast the pair did not have enough strength to reach resistance 1,2600. It touched 1,25554 and corrected down to 1,22592.

The pair is consolidating below fib retrace level 61,8. If this level holds price may break resistance 1,2455 to make a higher high above 1,25554.

Remember to do your homework and take your own decisions.
THIS IS NOT AN INVESTMENT ADVICE.

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You are correct....I have already spotted a breakout with my breakout Strategy.....with the help of a descending trendline

Thanks for your feedback!!!

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