So as we have seen, de EU broke trough the resistance level in week 22. But not at the other, higher resistance level. After the first peak there was a retracement, which follows to a resistance level. It didn't touched it until now. I think there will be a retracement in week 23 for EU/USD, so USD will rise. This is the technical analyse statement. My profit target will be above the broken resistance level. Because this is just based on a technical analyse and not fundamental, I will work wither orders on this one. Good luck!
Please comment for critical ideas!
Please comment for critical ideas!