EUR/USD appears to be moving in a range. After a drop to the 1.1260 level, bulls were able to prevent any further decline in price.
If EUR/USD bulls can defend the key 1.1250 level, another short-term rally to 1.1370 is very much possible.
The best way to trade would be to buy at this support level and take profit at the 1.1350 to 1.1370 resistance area
If EUR/USD bulls can defend the key 1.1250 level, another short-term rally to 1.1370 is very much possible.
The best way to trade would be to buy at this support level and take profit at the 1.1350 to 1.1370 resistance area
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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.
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.