Hi everyone, today I want to show you my view over EURUSD pair.
EURUSD seemed to respect 2008 trend line, and rejected it, but we may break above it and test 1.26 level as dollar is weakening.
If so I will be looking at break above trend-line and retest to long till 1.26 from where my plan is to short for 3400 pips target of 0.91 and there we have a confirmation of FIB extension of 161.8% .
I think most of stuff is explained on my analysis .
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."
EURUSD seemed to respect 2008 trend line, and rejected it, but we may break above it and test 1.26 level as dollar is weakening.
If so I will be looking at break above trend-line and retest to long till 1.26 from where my plan is to short for 3400 pips target of 0.91 and there we have a confirmation of FIB extension of 161.8% .
I think most of stuff is explained on my analysis .
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."