EURUSD – Up
In the past hours EUR has been rising steadily towards the key line 1.2323 and I expect a bounce from it followed by a pull back to the key support zone(1.2197-1.2185) to rebuy EUR up to 1.2323 in case price does not retrace to the zone, I expect it to break above the line and price to continue further up. If it breaks below the support zone then I advise you wait for a pullback to it to confirm a bearish move before you sell EUR towards 1.2116 and even lower if the line is broken. Right now, wait for a retracement to (1.2197-1.2185) then buy EUR with your take profit at 1.2323 and stop loss slightly below1.2185.
Wait for a retracement to (1.2197-1.2185) then buy EUR with your take profit at 1.2323 and stop loss slightly below1.2185.
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