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Look for a buy towards 1.12314

Look for a buy towards 1.12314 | 10 July 2019

10 July 2019, EUR/USD

Technical Observation

As shown on the chart attached, I expect EURUSD to continue upwards while it remains above the shape formation towards 1.12314, a breakout above this target will mean we're waiting for a retracement back to the same line to pick second buy order with my next target being 1.12685. On the bears side, should price breakout below 1.11980, then this will be an ideal place to look for a good sell, especially after retracement back to the same level. This sell should price even lower towards 1.11830.

Trade Signal

Look for a buy towards 1.12314

Imelda Maseno
Analyst of «FreshForex» company
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