EUR/USD Bullish Move Could Be Extended

EUR/USD Technical Analysis

  • Daily pattern suggests bullish bounce
  • Trend is bullish
  • W H4 could be the target

MEGATREND MAs: Bullish

H4 Chart EUR/USD

  1. Mini swing
  2. Swing low
  3. Swing high
  4. Potential entry zone
  5. Target

The EUR/USD is in uptrend. If the EUR/USD retraces back to the moving average look for the close of the same candle above. So first in then outside close off the MAs. That will make an entry which is learned on Megatrend trading course. Look at the chart for a specific zone for an entry. Targets are 1.0790 and 1.0850.

Cheers and safe trading,

Nenad

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Author

Nenad Kerkez - NKT

Nenad Kerkez - NKT

MSc (Master of Economy) Nenad Kerkez, also known as Tarantula or NKT, is a Forex, CFD, Equity and Gold trading expert, mentor and educator.

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