Good evening Traders!
EUR/USD looks poised for a breakout to levels around 1.14500 and 1.15000. I called out levels of 1.13600 in my previous post, but a further push higher seems expected. Please note, that this idea is not certain and you should always leave room in your accounts for pull-backs.
Take a look at my most recent post for a better look at the zones I've established.
EUR/USD has been stagnate in a sideway motion patten since November 16. A break out of this zone, would turn this bullish.
If you did not enter this trade at 1.13000 as I recommended in my last post, I would wait for a strong pull back to levels near 1.13000.
REMEMBER YOU ARE TRADING AROUND THE HOLIDAYS! BE CAREFUL!
Trade well traders!
Chart References:
- 4hr
- 15 Minute
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