I’ve been monitoring the EURUSD and decided to look for long opportunities once it broke the short term resistance level around 1.2818 (take a look at your 1H chart and you’ll see what I’m talking about).
And this is the daily chart:
It’s headed directly to the next LT resistance level which is at 1.3065. It’s currently trading at 1.2887 so we got enough room to try our trade.
What do you think? What are your thoughts in the EURUSD?
Let me know.