EURUSD – Up
In the previous weeks weeks,EUR traded below a key resistance zone (1.1598-1.1464) then broke above it and retraced to it before continuing up. Currently price is rallying towards the zone and I expect s rejection at it to long EUR with my first take profit at 1.2745 and the next at 1.3439,I expect the line 1.2745 to be breached for price to achieve a bullish momentum towards 1.3439 or even further up. If price goes below the zone then it would be advisable you wait for a retracement to the it to confirm a bearish move before you enter short positions.
Wait for a retracement to the zone (1.1598-1.1464) then buy EUR with your take profit at 1.2745 and stop loss at 1.1464
You may check other analytical reviews on FreshForex website. Source: freshforex.com.