Euro looks bullish

Quote from BwPirt:

Good call. Historically, January is the most Bearish month for the Euro/USD. This is an odd one.

Excellent to know. Keep that in mind for how this moves. Failure of that trend sends it soaring
 
Quote from athlonmank8:

Excellent to know. Keep that in mind for how this moves. Failure of that trend sends it soaring

1.34850 as I sit here. Looks to keep going up. I wonder if it will come close to the 52 week high at 1.42950?
 
Quote from targus:

Well it has cleared and closed on the 200 daily so it might hit! I am scared long!...............

You're talking 200MA right? Crossed which? And at what Interval. I'm looking daily 200SMA with 50 SMA and see no cross.
 
I am very much a novice trader. I meant that the daily had cleared the 200sma. If I'm on a longer timeframe, I trade the 4hr and buy once its passed the 200 here.
 
1.3772 is a completion of range extension , reckon that should be the lid on eur for the next couple of weeks . shorts from around that level with stops above 1.3800 is my plan of attack . tipped toes already willing to scale up to the above level .
 
Quote from brisvegas:

1.3772 is a completion of range extension , reckon that should be the lid on eur for the next couple of weeks . shorts from around that level with stops above 1.3800 is my plan of attack . tipped toes already willing to scale up to the above level .

fridays price action welcomed with confirmed trendline break . fairly decisive so looks like it will stick . low 134's first price of interest . will wait for lower swing high to lower stop above .
 

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