BoonHooi

Rising Wedge on EURUSD

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BoonHooi Atualizado   
FX:EURUSD   Euro / Dólar Americano
EURUSD approaching the resistance zone created by the Aug 2015 and the May 2016 highs.
I see a rising wedge forming with the RSI showing that this move is exhaustive.

Will look to go short if it breaks out of the wedge.
Trade ativo:
I am protecting my profits although it is only less than 20pips.
Shift SL to breakeven. You might even want to consider closing the trade for a small profit. I was expecting this pair to drop drastically but it has not. This only shows that the USD weakness still persists.

Trade fechado: stop atingido:
Out of the trade at break even
Aviso legal

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