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.
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.