Mennzz

Daily | EURUSD Big Daddy Bull Here In Da' House - March 23, 2014

Long
FX:EURUSD   Euro / Dollar Américain
0
Looks like the daddy of all bulls is ready to rock, roll and do some DJ moves. A moderate bullish divergence is likely to setup over the next 1-2 days enabling the EURUSD pair to climb to around the 1.392 mark. Followed by a decent bearish (0.618) retrace to around the 1.3805 mark and all ready and fresh for some more, the bulls will most likely pull price up sharply to around the 1.42 area. Trade carefully and stay alert! :D
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