EUR/USD reversal underway, 1.0820 is the next level for bulls
Hello traders, if you followed my yesterday's idea in EUR/USD,
you have probably bagged 120 pips profit as I gave a buy call
in EUR/USD@1.0490-1.0510. However, we still have another
200-250 pips to go in the next couple of weeks.
📌In the daily chart, EUR/USD has rebounded from a crucial
support level.
📌The path of least resistance now is to the upside. Price has
already climbed above the moving averages in the lower time frames.
📌If case of any dips, I recommend buying EUR/USD with 1.0820 as
the initial target. Ideal entry would be in the highlighted zone.
you have probably bagged 120 pips profit as I gave a buy call
in EUR/USD@1.0490-1.0510. However, we still have another
200-250 pips to go in the next couple of weeks.
📌In the daily chart, EUR/USD has rebounded from a crucial
support level.
📌The path of least resistance now is to the upside. Price has
already climbed above the moving averages in the lower time frames.
📌If case of any dips, I recommend buying EUR/USD with 1.0820 as
the initial target. Ideal entry would be in the highlighted zone.
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.
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.