EUR/USD trade idea

EURUSD H1 (04-07-2016 1232).png

Bullish break from sideways channel has been confirmed on hourly chart, signal continuation of uptrend from post ECB low.

Rise towards 1.15 likely.

Longs can be build around 1.1440 for target of 1.15-1.1540 with stop loss below 1.1438 (on hourly closing basis).

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s