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EURUSD: BREAK-OFF ATTEMPT BAGGING THE PROFITS-BULLISH.

 

 

 

Finally, EURUSD attempted to break the two-months-old resistance barrier and conferred a positive sign for Uptrend. At 1.18162, the market pushed price range in order to crack resistance barrier.
Currently, the market marking its presence @ 1.17449. In a 4hr time frame, the price range has a chance to print a Throwback setup from the current trend. In that case, the price range should fly far away. Meantime, the breaking attempt would catalyse the process the 1.19905 will be the next halt for the price range.

On the contrary, if the dollar continues to lead the price range means, End the trade @ 1.16523.

SIGNAL SPECIFICATION

Entry: 1.17449

TP: 1.19905

SL: 1.16523

Risk Vs Reward: 2.65

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25 Sep 2018 11:12 am Posted by tamilforex

 
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