Re: EUR/USD
81EUR/USD is rallying but I don't think it the renewal of the bullish trend will be confirmed before it breaks out above the last high.
Just a pausemlawson71 wrote: Fri Aug 18, 2017 9:45 pm It has finally become obvious that EUR/USD is forming a flag on the D1 time frame, an obvious correction to its overall move to the upside. Once that correction ends there will likely be a new move to the upside, and the continuation of the upward trend will be confirmed once the pair breaks out above the high at 1.1909.
I agree. This is just a temporary correction.nbtrading wrote: Sat Aug 19, 2017 8:11 am
Just a pause
If US does not go to war, Euro will continue to go up
It's definitely stuck in a tight range, but there are also three candlesticks on the weekly time-frame - a shooting star and a pair of hanging man candlesticks - that could indicate a reversal.FrancoisT wrote: Wed Aug 23, 2017 6:12 pm EUR/USD - nice range for trading. especially after face breakouts
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