I've collected 2 charts from the web that can help us to understand where EURUSD prices are about to go. I think that they are very interesting charts for our analysis:
The first chart give us a Long View if prices break the previous top and the second give us a SELL view with target under 1,36.The situation is not simple to follow with trading systems and the solution is also related to Ukrain vs Russia situation.
Using the Daily Chart we see a situation interesting where we can Buy up the break of 1,3920 or we can Sell under 1.38. Stop Loss about 200 pips and take profit about 600 pips.
Prices are under a bullish channel but above the middle bollinger bands so we are thinking to continue to stay long till we have bearish patterns.
Long term trend view is bullish. This support maybe is a consolidation pattern, the bullish channel is in the direction of the weekly chart trend.
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