Hello traders,
As we can notice EURUSD is moving in curved channel 30 Degree, it seems both banks are happy with it.
Measuring to the previous bounce location and in consideration for depreciation in EURUSD value over time, we would expet EURUSD bounce down from 1.1060 area + or - 50 pips.
How we trade this?
We will wait and watch it to go a little higher then reverse, at that time, we will sell it with sell signal.
Best luck
FxMarketstrategy
As we can notice EURUSD is moving in curved channel 30 Degree, it seems both banks are happy with it.
Measuring to the previous bounce location and in consideration for depreciation in EURUSD value over time, we would expet EURUSD bounce down from 1.1060 area + or - 50 pips.
How we trade this?
We will wait and watch it to go a little higher then reverse, at that time, we will sell it with sell signal.
Best luck
FxMarketstrategy
