EURUSD setting up nicely for a LONG

已更新
The Euro has potential to push higher today against the dollar as it has been in consolidation between 1.19200 and 1.19400 .
Price has also held along the 61.8 Fib retracement level and formed a triple bottom.
In addition the 1 hour EMA has crossed over and the 4hour EMA looks to just be about to cross over as well.
Looking for a powerful candle out of the consolidation area and a 4hour EMA cross and close before entering a long position with a stop just below the support of the triple bottom at around the 1.19080 level
First target would be the previous high of 1.19900
Second: 1.12200
Third 1.12600
註釋
Trade back in NEUTRAL territory. Weekly, daily, 4hour and 1 hour EMAs all slopping downwards signalling bearish momentum. If price breaks below the 0.618 fib level and closes. we can expect further movement to the downside.
註釋
NO LONG SET UP
Trend Analysis

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