Looking at the dynamics of prices on EurUsd
, we can see an interesting Buy area at 1,1000 supported by 6 weekly candles. There's no downward acceleration for EurUsd
so I think that the prices could go Up for the next few weeks with a positive monthly closure for August. The Bullish
area is 1,10 and a good entry is 1,1050 with a target of the movement at 1,1370 (370 pips).