Daily Analysis EURUSD 8,12 April 2019

Daily Analysis EURUSD 8,12 April 2019 : After breaching the rectangle we expect the EURUSD to retrace the test and then climb again.

General Trend: 

The general direction of the EURUSD is bullish from current prices and is expected to recede at 1.1320.

EURUSD is currently moving in a tight area and a strong demand zone and is likely to bounce back strongly during this week and the long term rally

Trading with the help indicators

 The price of EURUSD  has crossed above and crossed the MA 200 and the SMA 50 and the price is currently floating near the value of the 23

Anger: We do not recommend trading without using the stop loss tool and recommend learning the basics of trading and entry in small size and capital management.