Buy the dips as long as the support holds.
Hello traders, in my previous EUR/USD idea, I recommended
buying EU@1.0460 level. If you followed that, you made over
170 pips profit as EU reached 1.0640 level.
Currently, EUR/USD is in the vicinity of the 1.0550 level. The current
dip seems like a buying opportunity to me. In fact, I already
bought EU@1.0495 on Friday.
I recommend buying the dips in EUR/USD as long as price stays in
the support zone. The initial bullish target would be 1.0740.
buying EU@1.0460 level. If you followed that, you made over
170 pips profit as EU reached 1.0640 level.
Currently, EUR/USD is in the vicinity of the 1.0550 level. The current
dip seems like a buying opportunity to me. In fact, I already
bought EU@1.0495 on Friday.
I recommend buying the dips in EUR/USD as long as price stays in
the support zone. The initial bullish target would be 1.0740.
Note
Price has moved up 30 pips since I postedNote
EU showing some bullish movesNote
Price above 1.06 would be a good sign for the bulls
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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.