ProCFDTrader
Long

EURUSD rebounds from support once again, continuation expected

FX:EURUSD   Euro / U.S. Dollar
In my previous EURUSD ideas(idea links attached below), I highlighted the support zone that sits in the 1.1690-1.1720 area.
As I predicted, EURUSD went up almost 100 pips from my highlighted support area .

Price is also above the 100H EMA and the overall market structure is Bullish .
So, I am expecting a continuation of the uptrend till the price reaches 1.19 level. If EURUSD drops towards the support again. traders can look for buy entries.
Comment: Price reached 1.19 as expected. Close to 100 pips since I posted this idea

Comments

Whats next?
Reply
@Ladom, maybe a pullback
Reply
Good idea. Keep it up
Reply
@ayan909, Thank you
Reply
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