I was looking for a dip to go long off for EURUSD yesterday. And after an initial move higher, EURUSD moved down to our buy level at 1.0396 and bounced off for 20pips before pulling back now.
I am still cautiously bullish for a move higher but EURSD might pull back to 1.0378, which give a good level to go long off, for a move higher, with 1.0514 as a good near term price target.
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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.