EURUSD: Bullish, long opportunities in play
Please take a look at the EURUSD 4H chart:
I wasn’t sure the EURUSD was out of the short term range but earlier today, the EURUSD broke through the short term resistance level, triggering the bullish market condition. The Euro is now trading above every important short term level.
As long as the EURUSD trades above 1.3633 (HOPS1), I will be looking for long trade opportunities.
Short opportunities are out of play