FxKool
Long

EURUSD Up to 1.13+?

FX:EURUSD   Euro / U.S. Dollar
45 0 1
EURUSD             seems to be trading in sidelines. Literally there has been no serious move since May 19th right after a nice 100 pip drop from the 1.128+ level. If the market had wanted we would have broken the 1.1200 support but apparently there’s a nice demand zone over that area and correction is possible. My short-term target lays at 1.1267/8 which seems quite realistic. But don’t forget about the H1 trend which is seen on my chart. I am honestly holding buy position from 1.11935 which is set to BE yet. But things are playing out not that well. I am awaiting the upside move towards 1.14+ but let’s trade what we see and not what we expect. I am dropping my outlook analysis now but alternative scenario will be out too soon. There might be a complete different move down to 1.115 starting on Monday.
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