We're buying a breakout above 1.18802 towards 1.19593 | 30 July 2021
30 July 2021, EUR/USD
Technical Observation:
Eurusd broke above the level 1.18802 and is still pretty much bullish. As we mentioned in our previous forecast, we are expecting the price to continue to the upperside and may breakout beyond 1.19593, if the price should break even higher, then further momentum towards 1.20395 is expected. And in case the price fails to sustain the break above 1.18802, then we will be expecting a possible rally to the lowerside towards 1.18100
Trade Recommendations:
We're buying a breakout above 1.18802 towards 1.19593
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.
