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EUR/USD W Pattern Cues For Bullish Break

By:
Nenad Kerkez
Updated: Dec 4, 2018, 10:33 UTC

Hi traders, The EUR/USD has made a session new high during Asia, so we might see a continuation of a bullish move if the price closes above 1.1395. The

EurUsd

Hi traders,

The EUR/USD has made a session new high during Asia, so we might see a continuation of a bullish move if the price closes above 1.1395.

The EUR/USD is bullish above 1.1395. Pullback towards 1.1370 zone could be corrective and for intraday movement it could be used for buying into dips. Broader picture still shows the range as I explained in my previous analyses, so the targets are 1.1430 and eventually 1.1450 on a strong momentum push and stop triggering. We can also see the W bullish pattern that cues for a continuation to the upside.

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Many green pips,
Nenad Kerkez aka Tarantula FX
Elite CurrenSea

About the Author

Nenad Kerkezcontributor

M.Ec. Nenad Kerkez aka Tarantula is Elite CurrenSeas Head trader and a valued contributor to many premium Forex and trading websites.

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