LONG EUR / USD Weekly we remain buyer
Sorry for my English:
EUR/USD weekly, after a big drop and a big range area, we started an upward trend. Will it continue? We rebounded in the week on the important area of the 62% of Fibonacci. If we go back to this one and the price comes down 62% and 66%, then the trend will be clearly called into question. Meanwhile, a purchase on the 62% was a good opportunity. We have a downward bevel that formed after what might appear to be a shoulder-sucking shoulder. The downward bevel breaks its resistance more often than its support. If this one were to break his resistance, then the upward trend would still be in place. And the next targets could be 1.14480 and 1.17139.
EUR/USD weekly, after a big drop and a big range area, we started an upward trend. Will it continue? We rebounded in the week on the important area of the 62% of Fibonacci. If we go back to this one and the price comes down 62% and 66%, then the trend will be clearly called into question. Meanwhile, a purchase on the 62% was a good opportunity. We have a downward bevel that formed after what might appear to be a shoulder-sucking shoulder. The downward bevel breaks its resistance more often than its support. If this one were to break his resistance, then the upward trend would still be in place. And the next targets could be 1.14480 and 1.17139.
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