EUR/USD positive momentum dominates the pair
The EUR/USD is bullish. We should see a continuation to the upside with or without retracement.
1.1600-15 is the POC zone. Another lower entry zone might be 1.1675. Pay attention to any retracement towards those levels as there might be buyers waiting for a move up. The first target is 1.1731 while continuation above the level will aim for 1.1794. IMO, I think that retracement is possible as 1.1731 is both the D H5 and ATR projection high.
The analysis has been done with the CAMMACD.Core System.
For more daily technical and wave analysis and updates, sign-up up to our ecs.LIVE channel.
Reprinted from FXStreet，the copyright all reserved by the original author.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.