EUR/USD Daily Analysis: Bullish momentum is stalling in the short-term but we remain medium term bullish on the pair above 1.13 and will look to buy near there if a dip occurs to cool off overbought levels. We are also looking for setups in USD/CHF and AUD/USD today.
Our Preferred Trades*: We are setting a buy limit at 1.1310 (just above key pivoty) with SL at 1.1275 and TP at 1.1410 (100 pips).
Yesterday's EUR/USD SwingPRO Signal Result: No EU trades taken yesterday.
Today's SwingPRO Signal: See preferred trades above.
*CandlePRO: CandlePRO can be used in conjunction with our daily analysis and "our preferred trades." For example, if we prefer "going short" or "selling a rally" then we would look for bearish candlestick signals after a rally or near resistance levels. Alternative if we prefer "going long" or "buying a dip" then we would look for bullish candlestick signals on price drops or near support levels.