29 June 2016, EUR/USD
EUR/USD is currently trading with a slight bullish bias. Yesterday, euro retraced to the upper side but is yet to reach our target reversal point at 1.1113. During this intraday, we expect a possible bullish price action towards 1.1113, where we'll be looking to go short with our ideal target below 1.0935. This pair should be traded alongside GBP/USD, NZD/USD, AUD/USD and GBP/JPY. These pairs have a strong positive correlation of up to +0.89 and will have a similar price action during this intaday.
Expect a possible bullish rally towards 1.1113 or even above.
We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us