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Mihai_Iacob

EurUsd- Buy trade next week?

Long
Euro / U.S. Dollar (FX:EURUSD)  
Mihai_Iacob  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators EURUSD eurusdlong eurusdprediction eurusdforecast eurusdsignal eurusdtrade eurusdidea eurusdoutlook eurusdanalysis
4
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trendanalysis chartpattern indicator eurusd eurusdlong eurusdprediction eurusdforecast eurusdsignal eurusdtrade eurusdidea eurusdoutlook eurusdanalysis
EurUsd had a short breach under 1.0990 support on Friday but recovered aggressively suggesting that is a strong demand under 1.10.
We believe that this support will hold and we are in the beginning of a next leg up.
The first resistance came into place at 1.1080.

Strategy:
Buy around 1.10
SL @ 1.0970
TP @ 1.1080
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