DrFaust_Official

EUR/USD watching for next higher level

FX:EURUSD   Euro / U.S. Dollar
Hello fellow traders,

A strong support zone for EUR/USD, according to our TA, should be at 1.176xx; this is for the worst case EUR/USD starts making a retracement from now.
On the upside, we see that at H1 TF by breaking up the upper yellow line (the drawn flag), then a next higher level will probably be reached at 1.205xx, and next coming destination for EUR/USD until end of this year can be at 1.229xx.
Anyway it is now the time to keep waiting for further price action to enter into the trade, instead of entering now.

More info about just take your look at the depicted chart for more references.

Trade well!

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