EUR/USD Forex Trading Analysis/Idea for 3/5/18

eurusd analysis
The EUR/USD pair is currently on a bullish trend. However, it is currently correcting to the down-side (pullback) which will probably go for about 80 PIPS as it approaches key levels of Fibonacci. I believe that it will bounce off closer to the 61.8% Fib level and reverse to the upside. If this plays out, it could mean a 200+ PIP move to the upside! EUR/USD Trading Analysis I suggest waiting for the correction to finish downwards. It should hit support closer to the 61.8% Fib level (arou...
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USD/CHF Forex Trading Analysis/Idea for 3/5/18

USD/CHF Trading Analysis
As we begin the new trading week of 3/5/18 I am looking at this beautiful setup on the USD/CHF pairs. This pair has been on a down-trend and should continue to fall. Right now (as of closing in the markets) we are in a correction. USD/CHF Trading Analysis I suggest waiting for the correction to finish upwards. It should hit resistance between the 0.93972 (38.2% Fib Level) or 0.94150 (50.0% Fib Level) and reverse to the downside. Profit Target 1 would be around: 0.92993 Prof...
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