EURUSD: Range Trading

From the chart and from the previous analysis we can see that EURUSD transformed the
pattern into a type of rectangle.
So now we are inside of a range trading.
The lower support is located close to 1.1228 and the upper resistance area is located close to 1.1358

Actually, we can try to trade the bullish scenario up to the top of the pattern.

Any breakdown below 1.1228 would be a warning for us that everything can happen...bearish or bullish movement.

Targets:
1.1310
1.1350

1.1440
1.1500

Thank you and Good Luck!

評論:

EURUSD, Previous Idea: