Today, EURUSD 15 minute chart has hit a very MAJOR support area of 1.11400 & bounced up. Afterwards per Ichimoku CLOUD both the TENKAN LINE (purple) crossed over the KIJUN LINE ( blue) which is a bullish sign too. Price action crossed over 50 MA (moving line), which is another bullish indication. Per the Ichimoku cloud the Chikou span ( lagging line/black) crossed thru price action on bottom & went straight up. Another sign of bull controls this pair.
The price action is very STRONG for bullish trading at this time & in my OPINION should continue until around the 1.12000 price action level without much interference. This level on chart appears to be another area of consolidation, but none other is in-bet-weens today price level and noted 1.12000.
Rest of week or until end of this month--- will be looking for BULLISH trade opportunity's, which will be with TREND and safer to do. As always, price action, trend, supports & resistance areas & major round price action numbers are keys to money management when trading binary options. Higher trades have less noise then lower trade times.
The price action is very STRONG for bullish trading at this time & in my OPINION should continue until around the 1.12000 price action level without much interference. This level on chart appears to be another area of consolidation, but none other is in-bet-weens today price level and noted 1.12000.
Rest of week or until end of this month--- will be looking for BULLISH trade opportunity's, which will be with TREND and safer to do. As always, price action, trend, supports & resistance areas & major round price action numbers are keys to money management when trading binary options. Higher trades have less noise then lower trade times.