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EUR/USD Ending Diagonal Pattern a Possibility

EUR/USD Ending Diagonal Pattern a Possibility

2014-04-09 12:11:00
Jamie Saettele, CMT, Sr. Technical Strategist
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eliottWaves_eur-usd_body_Picture_10.png, EUR/USD Ending Diagonal Pattern a Possibility

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader and see ideas on other USD crosses

-“The 1.3750 break is important because 1.3750 is the year open. This level is now resistance.” The situation is now the exact opposite. That is, the market needs to break back below 1.3750 to suggest lower levels.

-A reaction level before the high is 1.3909.

LEVELS: 1.3750 1.37701.3820 | 1.3909 1.3942 1.3966

--Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.

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