TiborVrbovsky

EUR/USD - Another Long?

Long
TiborVrbovsky Updated   
FX:EURUSD   Euro / U.S. Dollar
Hey, I am back with another Forex idea, this time looking at EUR/USD pair.

So my last Technical analysis was on EU again, on point, so don't forget to follow me in order not to miss out on such good opportunities, .

And this time, I still don't see a reason to short EUR/USD as DXY is very weak, and EXY is pretty strong. Also there is no technical side of the chart, that is showing some bear signs, so once again, long EU.

The preferred entry is
1.17100 - 1.17160 ( I am in since 1.17100)
TP 1
1.17400 - 1.17450 (25 pips)
TP 2
1.17640 - 1.17700 (48 pips)

Good luck with your trading!
Trade active
Comment:
Took profit at 1.17395 and reentered again at 1.17100

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