EURUSD Trading Analysis


Dear traders,

Remember my recent analysis on EURUSD HERE?

I was waiting for a proper setup and I believe such might have come already.

I am looking at the daily chart and yesterday it formed an inside bar.

Today, I am seeing more bullishness and I believe that might a already a good enough sign for me to get on the bullish train:)

My first target will be the level of 1.1500.

Then, depending on price action, I am looking at the major resistance level at 1.1800.

Let’s wait and see if that move will evolve into a major turning point or just a small retracement.

Happy Trading,

Colibri Trader


Check out my article on Pros and Cons of Using Trailing Stops