peterbokma

EURUSD-Medium-term BUY strategy

Long
FX:EURUSD   Euro / U.S. Dollar
No change in view. I feel we will reach 1.1350 area in the coming months, but short-term we may see minor correction back to 1.0875 which is BUY entry still. I prefer to BUY and not sell currently, as the trend is upwards.

Strategy BUY @ 1.0875 for new entries. For existing longs at 1.0527 (see my update some weeks back) buy entry 1.0927.
Profit order @ 1.1178 for now, and stop-loss at 1.0657 for now.

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