EURUSD Analysis: 02/24/19

Obviously, Eur/Usd is bearish in long term, and we do not know when it will be bullish.

In short term trading in H4 Chart, We can see that the price is consolidating between 1.1370 - 1.1320 for the past week.

For more conclusion, the symmetrical triangle was forming during the last two weeks.

Therefore, If the price is above 1.1370 level which is upper of symmetrical triangle, I will buy with stop loss 1.1293.

Otherwise, the bearish is continued, I will short with stop loss 1.1383.

Because of the China - USA trade deal, and the USA and North Korea Summit, the volatile is high. So I may scalping in the symmetrical triangle range, between 1.1320 - 1.1350.


EUR/USD Analysis

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