Hello everyone!
We know as a market that the European situation is getting better, but unfortunately, there seem to be doubts in the market to continue to push.
I found that there is a "V" pattern where the trend turns sharply from bearish to bullish.
So, in my opinion, the price will continue to rise to 1.2266, the highest since January, until further news.
If the news is good for the Euro, it will be followed by 1.2300 (round level) and even 1.2349 (January high).
If not, it might drop to around 1.2180.
Good luck and I wish you all good trading…
Always use stop losses to protect your equity and trade at your own risk.
If you like my idea please like, share, and comment.
We know as a market that the European situation is getting better, but unfortunately, there seem to be doubts in the market to continue to push.
I found that there is a "V" pattern where the trend turns sharply from bearish to bullish.
So, in my opinion, the price will continue to rise to 1.2266, the highest since January, until further news.
If the news is good for the Euro, it will be followed by 1.2300 (round level) and even 1.2349 (January high).
If not, it might drop to around 1.2180.
Good luck and I wish you all good trading…
Always use stop losses to protect your equity and trade at your own risk.
If you like my idea please like, share, and comment.