EUR/USD - Long into 1.10300 is on its way!
Hi guys! Hope the weekend is doing you all well so far :).
We've broken the STRONG S/R at 1.09200 clean & are now consolidating a bit above it. By breaking this important level, E/U has opened itself up to creating new highs.
I'm looking to go LONG on the pair as soon as it retests the broken S/R at 1.09200 & in addition to that testing & rejecting the possible ascending trend line, which E/U could be riding on, completing the third touch, which should springboard the pair up & through the MINI S/R at 1.09660. After successfully breaking the mini S/R, I'd even consider scaling on new positions upon retesting the broken S/R which should give it the final push, up to 1.10300.
Dear friends, thank you for taking your time to have a look at my analysis & don't forget to LIKE & COMMENT, so I can see what you guys think about it :).
Take care!
Noel Schwarz
We've broken the STRONG S/R at 1.09200 clean & are now consolidating a bit above it. By breaking this important level, E/U has opened itself up to creating new highs.
I'm looking to go LONG on the pair as soon as it retests the broken S/R at 1.09200 & in addition to that testing & rejecting the possible ascending trend line, which E/U could be riding on, completing the third touch, which should springboard the pair up & through the MINI S/R at 1.09660. After successfully breaking the mini S/R, I'd even consider scaling on new positions upon retesting the broken S/R which should give it the final push, up to 1.10300.
Dear friends, thank you for taking your time to have a look at my analysis & don't forget to LIKE & COMMENT, so I can see what you guys think about it :).
Take care!
Noel Schwarz
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