September 14, 2018

Keep your eyes on EUR/USD for a possible hike

Currency: EUR/USD
Chart Timeframe: Daily
Forecast Timeframe: 4-6 days
Trading Style: swing 
Strategy: support, broken trend, key support, head & shoulders

Main Scenario: The price reached decisive support levels with reaching broken trend, powered by head and shoulders pattern, the price is going to have the next bullish move

Entry: 1.158
Stop loss: 1.15
Take profit: 1.181

Alternative scenario: If the price breaks down beneath the trend line and the support, it would continue its bearish movement to 1.132

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