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Buy A bounce from 1.1259 with your first take profit at 1.1280.

Buy A bounce from 1.1259 with your first take profit at 1.1280. | 11 July 2019

11 July 2019, EUR/USD

Buy A bounce from 1.1259 with your first take profit at 1.1280.

Technical Observation

EURUSD is trading in an active up trend. We're waiting for a correction of the current impulsive wave count but should not go lower than 1.1759, on this chart, we're basically looking at the the following levels, 1.1197, 1.1234,1.1259 and 1.1280, anytime the price approaches any of these level, we'll be looking looking for a potential trade. On this chart, I'm waiting for a bounce from 1.1759 to pick a buy or a breakout above 1.1280 to pick a long term buy to the next level set at 1.1345.

Trade Signal.

Buy A bounce from 1.1259 with your first take profit at 1.1280.

Imelda Maseno
Analyst of «FreshForex» company
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