Euro / Dollaro
Aggiornato

EURUSD Trade Idea

1016
Hi Traders, I took a few days off to fully enjoy the precious time with my family & friends celebrating Chinese New Year, It's been so long since I'm totally off the chart for several days. For those who concerned if I'm okay, I am fine :)

In the previous analysis, I talked about EU rejecting 1.2140 minor resistance zone as people were chasing the buys, which was exactly what the market performed. In today's trading session, I will be focusing on short-term buying opportunities after the violation of 1.2140 minor resistance with 1.2220 as the initial target, long-term target back tot he 1.2340 high. However, be cautious that we might see some consolidation/ tight range if market again fail to break above 1.2140 minor resistance zone. Do not the overall trend on the higher timeframe remains bullish.

Trade safe.

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Nota
Previous analysis

EURUSD Trade Idea

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