swissmoneymakers

EURUSD - Broke important Level - What to do now?

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swissmoneymakers 已更新   
FX:EURUSD   欧元/美元
Hi Traders!
The market is in an uptrend.

As you can see the Resistance 1.10000 was a psychological important level for many traders.
From there the market often turned back.

But just a few candles ago the market broke out of this level.
Of course there was a big fight between Bulls and Bears, but the Bulls finally won.

At this moment the market is moving in a Parallel Channel and it is at the Top.
The Stochastic is also overbought.
Because of these two confirmations we are waiting for a Pullback and Retest of the 1.10000 Level.

But there are many values wich give also Support to the market. They are:
  • The Channel
  • the 20MA
  • the 50MA
  • the strong bullish Price Action and
  • the trend.
We recommend to wait for another Pullback for a better entry.


Thanks and successful Trading :)!
评论:
You we're waiting for this, right? ;)


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