EURUSD Buy the uptrend. Long

Euro Fx/U.S. DollarFXCM

Description

⋅ Aug 4, 2021 7:37 AM

EUR/USD - Intraday - We look to Buy at 1.1848 (stop at 1.1828)

Broken out of the wedge formation to the upside.
Pivot support is at 1.1847. Trend line support is located at 1.1850.
Dips continue to attract buyers.
Short term bias is bullish.

Our profit targets will be 1.1904 and 1.1914

Resistance: 1.1890 / 1.1910 / 1.1940
Support: 1.1850 / 1.1830 / 1.1810

Trade closed manually

⋅ Aug 6, 2021 11:26 AM

Trade has brokeven at expiry.

Comments

Mihai_Iacob

⋅ Aug 4, 2021 9:19 AM

Great chart,Thanks for your work