EUR/USD currently is in very interesting position. Price is near strong resistance level 1.08250. Previously this level was a long term support level on 2016 April. I don't know what has to happen in order to break even this resistance level. In my opinion price has more chance to bounce back and for some time this currency pair can form nice triangle shape pattern. So for the scalpers this moment might be good for short time positions.
NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.
No comments:
Post a Comment