EUR USD --- Analyses

vinicius

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EUR USD

It is near the major resistance at 1.3761, which was tested twice at 09/10 and 14/10. The trend has been moving up from 02/12, without any retracement, will it test the resistance or the bull is stronger than that level, tested 2 months ago??
As the forecast for EUR USA is bullish, without any signal of bear, possible the upward movement will continue to the next possible resistance at 1.4083.

Strategy 1: If the price goes down I`ll Sell 1 contract at 1.360 and +2 at 1.50 with target at 1.3260. Stop at 1.3781.

Strategy 2: If prices breaks up at the resistance I will buy 1 contract at 1.378 and +2 at 1.38 with target at 1.4083. Stop at 1.350.

Just the view of a newbie.. TAKE EASY! :)
 
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