EUR/USD bulls gain momentum, buy the dips
Hello traders, I have recommended buying the dips in EUR/USD since the start of the week
and if you bought below 1.18, I believe you are in for a very good buy trade.(Previous chart attached below)
As you can see, EUR/USD has rebounded from the strong support zone and as long as price stays above
the support level, we can expect a continuation in uptrend towards 1.21 and beyond.
If opportunity presents itself and EUR/USD dips again, I recommend traders to buy between 1.1720-1.1780
with SL below 1.1680 and TP at 1.19, 1.21 respectively.
and if you bought below 1.18, I believe you are in for a very good buy trade.(Previous chart attached below)
As you can see, EUR/USD has rebounded from the strong support zone and as long as price stays above
the support level, we can expect a continuation in uptrend towards 1.21 and beyond.
If opportunity presents itself and EUR/USD dips again, I recommend traders to buy between 1.1720-1.1780
with SL below 1.1680 and TP at 1.19, 1.21 respectively.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.