Hey Guys,
The pair is currently in the strong move towards the north. The pair posted a 18 months low and reversed the surge towards north.It also broke the 18 months trend line that released the downside pressure the pair was facing.Due to the political uncertainty and the French Election that supported the Euro was the major reason behind the break of the 18 months trend line after that it formed a continuation pattern.It is more likely this pair will form many continuation on its way up.There can be a dip in the coming days and that would be the entry for those who missed the opportunity to enter.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing Forex Team
The pair is currently in the strong move towards the north. The pair posted a 18 months low and reversed the surge towards north.It also broke the 18 months trend line that released the downside pressure the pair was facing.Due to the political uncertainty and the French Election that supported the Euro was the major reason behind the break of the 18 months trend line after that it formed a continuation pattern.It is more likely this pair will form many continuation on its way up.There can be a dip in the coming days and that would be the entry for those who missed the opportunity to enter.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing Forex Team
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weekly perspective 15-may-19-may 2017.
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