Commencez
Euro / Dollar Américain
Long

EURUSD continues uptrend

Par Spijk
Mis à jour
The Euro seems to continue its uptrend after a consolidation pattern. I've drawn a steep support trendline after two recent higher bottoms. Long positions in EURUSD give an excellent risk/reward ratio when a stoploss is maintained just under the rising trendline.
Note
Finished the year @ 1.20 and will head tot first resistance slightly below 1.22 next year. I expect the EURUSD to break that resistance and continue the uptrend after that. In any case, keep the red upward trendline as stoploss for long position in EURUSD.
EURUSDsupportSupport and ResistanceTrend Lines
Spijk

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