11021992
Long

EURUSD long entry on the daily (support & resistance)

FX:EURUSD   Euro Fx/U.S. Dollar
Hi all,

The EURUSD             has been retracing to the downside for the last few weeks, after a massive rally to the upside.
The price reversal zone is just below the current market price.
Around the 1.08 level, prices have had support over the last 1 year for a few times. I expect the same to happen again.

Stoploss is around the 1.068 region.
Target 1: 1.15
Target 2: 1.136

Best of luck!
Comment: EDIT: Target 1 = 1.105
Analysis of my latest GBPAUD and EURUSD setup can be found at https://youtu.be/TgPQlNkFULY

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Target 1: 1.105 ;)
Reply
11021992 PRO bertlambrecht12
Good eye. Cheers. Fixed.
Reply
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