[Trade Alert] EUR/USD Breaking Out Of Trading Range - Position Yourself For Profits

Yesterday the Euro went above 1.15 to the Dollar and broke out of a mid-term trading range. I recommend going long EUR/USD. This counter trend rally has some room to run.

1.2886 is most likely the maximum the Euro can reach but I doubt it will go that far. Resistance levels are in the 120-121 zone.

Long term the EUR is below all support and going into 2018 I think it's an absolute no-brainer to short the EUR for massive profits. Europe has so many problems I don't even know where to begin.

Suffice to say a break-up of the European Union and the disintegration of the Euro is a likely outcome over the next few years.

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