In Yesterday and day before yesterday blog, I have mentioned about the short term possibility of EURO bullish run. But when we consider about today's statistics that EURO shares was flying high, USD started weaking, I believe EURO is ready for next bull run to 1.1 and even more. Please find my analysis on daily chart,
The chart shows that the current red candle crossing the previous bearish trend line within a day from bottom shows that this bull run may persists for more time. If the price crosses the orange line (1.087) then it may try to surpass the 1.1 and it may well hit the previous lows 1.13. Let's see how it goes!
The chart shows that the current red candle crossing the previous bearish trend line within a day from bottom shows that this bull run may persists for more time. If the price crosses the orange line (1.087) then it may try to surpass the 1.1 and it may well hit the previous lows 1.13. Let's see how it goes! 