Signal_Centre

EURUSD - Target measured move at 1.1448

Long
FX:EURUSD   Euro / U.S. Dollar
Trade Idea

Bespoke support is located at 1.1274.
Daily Ichimoku Cloud top acted as support yesterday.
The selloff has posted an exhaustion count on the intraday chart.
Buying posted in Asia.
There is scope for mild selling at the open but losses should be limited.
Preferred trade is to buy on dips.

We look to Buy at 1.1274
Stop: 1.1239
Target 1: 1.1410
Target 2: 1.1448

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.