EURUSD Stay Long within the Parallels - then Consider Reversing
EUR is trading up a similar channel to the one that DXY is
trading down. Can stay long EUR here until the lower rising
parallel (smallest on chart)supporting price is broken to
downside at which point some will look to reverse short back
to 1.2292 with stops above the same parallel once lost.
EUR is trading up a similar channel to the one that DXY is
trading down. Can stay long EUR here until the lower rising
parallel (smallest on chart)supporting price is broken to
downside at which point some will look to reverse short back
to 1.2292 with stops above the same parallel once lost.