I've started trading again EUR/USD spot for a little while now, since SPY has gotten choppy lately, and have gotten a couple calls alright. I'm gonna risk to post one of these in here.
I'm mildly bullish on EUR given broad weakness on the dollar and supportive technicals (esp. a clear uptrend in RSI). 1.1500 seems to be the next line of resistance - I still remember a wall of offers at that level right before the implementation of ECB QE, circa Feburary 2015. IF that area is cleared on a closing basis, there's very little in terms of resis until 1.20-ish (2015 initial and maximum levels). I will buy euro on dips around 1.13 and aim for the selected targets. Best of luck.
I'm mildly bullish on EUR given broad weakness on the dollar and supportive technicals (esp. a clear uptrend in RSI). 1.1500 seems to be the next line of resistance - I still remember a wall of offers at that level right before the implementation of ECB QE, circa Feburary 2015. IF that area is cleared on a closing basis, there's very little in terms of resis until 1.20-ish (2015 initial and maximum levels). I will buy euro on dips around 1.13 and aim for the selected targets. Best of luck.