06 July 2021, EUR/USD
Technical observation
EUR rose and broke above a resistance zone it established at 1.1880-1.1877, it is currently trading above the just broken zone with an increasing bullish bias and I expect a loss of this upwards movements followed by a correction to the just broken zone and a bounce within it for a surge to the upper side. My advice, wait for a correction to the just broken zone and a buy a bounce within it with your take profit at 1.1973 and stop loss at 1.1858. If price hits the key level 1.1973 and there is a clear breakout above it with a big green candle, I expect further bullish movements of price after a retracement to the just broken line.
Trade recommendation
Wait for a pullback to the zone 1.1880-1.1877 to buy EUR.
en 
id 
ar 
ru 
vn 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 