We're buyers | 28 July 2021
28 July 2021, EUR/USD
Technical Observation
Just as previouly expected, euro rallied to the upperside but is yey to make any significant moves to the upper side, As long as the price remains above the upper trendline, we expect nothing but a possible momentum to the upperside, ideally, we will be holding on to the buy we took during the previous day, expecting the price to move even higher towards 1.25. On the otherside, if the price breaks below the same trendline and hits our stoploss, then we are looking for sell positions.
Trade Recommendations:
We're buyers
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.
