We're sellers looking for long term buy orders | 27 July 2021
27 July 2021, EUR/USD
Technical Observation:
EURUSD is currently above a significant trendline. This is a key line, and while the price remains above the upper trendline, we expect nothing but a possible momentum to the upperside, the anticipated bullish price rally is the continuation of the move which started the previous day, we expect the price to continue much higher, and in case of a decline below the same trendline, then we will be looking for a possible long term sell position.
Trade Recommendations:
We're sellers looking for long term buy orders
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.
