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
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
