+120 Pips profit booked in EUR/USD, more uptrend ahead?
Hello trader, our previous idea yesterday about buying EUR/USD@1.0730 zone
was super hit as price went up more than 120 pips from the lows. (We have linked
the previous idea below for you to cross check)
Currently, price is well above the 1.0720 support zone. So, we can say that the
support zone is unbroken. In fact, price has also moved marginally above the
100-day EMA level which is a bullish sign
The next resistance lies at 1.0990 level. I expect price to reach that level within
a couple of weeks. My recommended strategy is to buy the dips in EURUSD
was super hit as price went up more than 120 pips from the lows. (We have linked
the previous idea below for you to cross check)
Currently, price is well above the 1.0720 support zone. So, we can say that the
support zone is unbroken. In fact, price has also moved marginally above the
100-day EMA level which is a bullish sign
The next resistance lies at 1.0990 level. I expect price to reach that level within
a couple of weeks. My recommended strategy is to buy the dips in EURUSD
Comment:
Avoid buying at current market price, I am waiting to buy if price dips again
