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By now, it is clear that Euro is on a confirmed bullish track, although it may still take some digesting to fully absorb the over-heat before making another leg up. Therefore, simply watching Euro for long trading opportunities, either for scalp or swing, may already get you some nice profit.
In addition, I have noticed that those Euro-related cross pairs also start to show potential for a bullish move. In particular, I'd like to mention EUR/CAD, EUR/AUD and EUR/NZD, besides EUR/JPY which is already well on a rising mode. EUR/CAD, EUR/AUD and EUR/NZD, these three pairs are having a little break-out test. Their up trends are yet to be confirmed. The likelihood of initiating a rally, however, is very high.
The break-out characteristics of these four cross pairs are revealed in the following 4-hourly charts . You can assess by yourself how valid they may be. I would say, take a bet on a long position at some point, soon! Good luck!
In addition, I have noticed that those Euro-related cross pairs also start to show potential for a bullish move. In particular, I'd like to mention EUR/CAD, EUR/AUD and EUR/NZD, besides EUR/JPY which is already well on a rising mode. EUR/CAD, EUR/AUD and EUR/NZD, these three pairs are having a little break-out test. Their up trends are yet to be confirmed. The likelihood of initiating a rally, however, is very high.
The break-out characteristics of these four cross pairs are revealed in the following 4-hourly charts . You can assess by yourself how valid they may be. I would say, take a bet on a long position at some point, soon! Good luck!
