Looking for a breaktout to about 115.00
Waiting for a retracement and retest of support on the upward trend around 113.50
Taking a long entry and aiming for a target on the median line near 117.00
Good luck traders!
Approaching an important support zone around 1.0820
Look for either a breach or a rebound from this zone.
EUR/USD is trading in a range on the daily so I'd be looking for profits at the top or bottom depending on the reaction to this zone.
Just a rough idea for stop loses and target profits.
Good luck traders :)