eurusd strategic bullish outlook 1500/1600

🔸Hello guys, today let's review 4daily price chart for EURUSD. Strong bullish wave
in progress right now trading near 1.1000 almost 3/4 through the way, however
more upside available mid-term into end of year.

🔸Previously we had multiple 20/22% bullish price swings since the downtrend
started in 2009. 3 swings completed already, right now swing 4 in progress.

🔸Earlier we had a technical overshoot to the downside near parity, however
since then EURUSD recovered massively and now bulls are trading near 1.1000,
still more upside remains based on previous price swings.

🔸Recommended strategy position traders: bulls maintain control until re-tests of
1500/1600 so therefore I recommend to accumulate dips targeting 1500 with SL over recent lows.
Final target for the bulls in this price swing is 1500/1600, so 500-600 pips upside
remains intact. good luck traders!

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评论:

eurusd 4hours best level buy/hold tp 1450 swing trade

评论:

short-term update - see above. focus on buying dips
based on higher highs / higher lows sequence.

评论:

DXY 8hour chart EURUSD bulls get ready to buy low