Euro / DollaroLong
EURUSD 4H
Reasons for expecting the end of the current downtrend for EURUSD:
1. Strong demands areas.
2. Commodity Channel Index returns from down level -250.
3. Relative Strength Index is in over sold area.
4. Level 1.1180 is a Monthly Pivot.
Trades:
First Trade: Entry area from ( 1.1210 to 1.1180 ) with stop lose 1.1160.
Second Trade: Entry area from ( 1.1125 to 1.1100 ) with stop lose 1.1080.
Targets : 1.1252, 1.1337, 1.1410.
1. Strong demands areas.
2. Commodity Channel Index returns from down level -250.
3. Relative Strength Index is in over sold area.
4. Level 1.1180 is a Monthly Pivot.
Trades:
First Trade: Entry area from ( 1.1210 to 1.1180 ) with stop lose 1.1160.
Second Trade: Entry area from ( 1.1125 to 1.1100 ) with stop lose 1.1080.
Targets : 1.1252, 1.1337, 1.1410.
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