Does any one think this consolidation will break through into a continuation on an upward trend? EUR/USD
Apr 01 2016 at 10:14
It seems like that's what it's doing. Next target is around 1.1500, time will tell whether it will rise further than that.
Eventually price will retrace to 1.18-1.20. This is a long term support that was broken on a monthly timeframe last year and will be retested at least. I told all my members back in February, do NOT short euro long term yet, do nOT short AUD long term as they are bullish as all heck, same with AUDNZD, extreme caution needed and they are still buy the pullback pairs on bigger timeframes
GiftedFx
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