World-Signals

Daily Strategy - Follow the trend in EURUSD trading

Long
FX:EURUSD   Euro / U.S. Dollar
EURUSD (1.2542)
Trend: Neutral/Upward
Support/Resistance: 1.2390 - 1.2580
The last day of this dynamic and full of fundamental events week will release another events like: Housing Starts and Building Permits at 8:30 AM ET, Import Prices ex-oil, Export Prices ex-ag. and Michigan Consumer Sentiment - Prelim.
These events probably will not change the current trend of EURUSD into upward direction.
Our trading strategy for today is to keep your long positions or buy again at levels below 1.2510 with target close to the current resistance at 1.2580.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.