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We're buyers towards 1.22650

We're buyers towards 1.22650 | 27 May 2021

27 May 2021, EUR/USD

We're buyers towards 1.22650

Technical Observation

Eurusd just bounced off from the lower trendline and is currently heading to the upperside. While the price remains above this trendline, I expect nothing but a possible momentum to the upperside. If you are looking at this at the moment, please watch for a possible buy positions with our stoploss below 1.21715 and take profit set at 1.22650. A break above this level will push the price much higher with the next ideal target set at 1.23 and may extend much higher towards 1.25.

Trade Recommendations:

We're buyers towards 1.22650

Imelda Maseno
Analyst of «FreshForex» company
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