Trade_Rocket_Investments

waiting for EUR/USD to break to the upside

做多
FX:EURUSD   欧元/美元
we have been watching EUR/USD for a few days now as our fundamental direction indicates to us that the EUR is significantly stronger than the USD. The only problem is that we are waiting for it to break its area of sell and buy pressure before we have clear direction to the upside. once we do break we will have what we call "free range" which means that there are no major levels of buy and sell pressure between our position and our target. so what we will wait for is a clear break, exhaustion and then entry confirmation for a move to the upside on EUR/USD.
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