This is my short term outlook on the price of EURUSD. It has already climbed by 600 pips yesterday and I think that the momentum will continue going up for at least for the next 12 hours. The trendline was already broken and crossed one major area of resistance. Hopefully it will keep pushing up.
Kommentar:
The momentum was very high for this pair so much that take profit was hit and the trade is currently in profits. Stop loss was not triggered.