EUR/USD longs from 1.0515/11 could not have been more perfectly as we target the 1.0615/20 high. Any where from here up to 1.0640/50 is a selling opportunity this week, with stops above 1.0700.
First support at 1.0555/50 then better support at 1.0515/11 is the best chance of a low for the day. Longs are a little risky as I expected we will end the correction soon and the bear trend will resume. If you try, looking for a quick turn at 1.0550, use a stop below 1.0480. Next target on the downside is 1.0450/45.
Add a Comment
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.