Our Picks: EUR/USD
Time Frame: H1
Several days ago with our analysis on EURUSD we have marked on head and shoulders model with a third wave endind. 1.1958 level is likely to be retested soon. With this position we are expecting now is the right time to open a long position, because we have Feds rates decision so this event could push EUR/USD to more upside to the mentioned above level. Arises, that echnically price action is stalling near resistance area now. Nevertheless and overall higher time frames looks positive momentum and price is still above key MAs, i am looking for long plays for my trading to see if my judgement can make me decent money.