PURE TECHNICALS HERE, I REALLY THINK EURUSD IS NOW READY TO BREAK THE MAJOR 3 MONTH RESISTANCE ZONE
BASICALLY WE CAN SEE FROM THE CHARTS THAT THE PAIR HAS BEEN IN A RANGING MARKET FOR QUITE SOMETIME NOW WHILE HAVING CLEAR REJECTIONS AT THE 1.1600 LEVELS
FOR ME I THINK FUNDAMENTALS HAS BEEN ON ONLY REASON THIS PAIR HASN'T BEEN ABLE TO FORM HIGHER HIGHS ABOVE THE 1.2000 LEVELS WHICH IS VERY LIKELY NOW
ALTHOUGH I'M ALREADY IN A BUY ON THIS MARKET WITH MY T.P AT THE 1.1900 LEVEL, THE PLAN IS TO WAIT FOR A BREAK AND RETEST OF THE MAJOR RESISTANCE ZONE WHILE LOOKING FOR NICE ENTRY POINTS ALONG THE ZONE