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.