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Wednesday, July 19, 2017

EUR/USD: Will EUR/USD Make a New High?

There is Long Position Opportunity on EUR/USD. 

EUR/USD is technically still in Bullish trend and there is still window to keep on going its bullish movement. 

We are expecting to exit the market at around 1.15461 since 1.15586 will be the Resistance Level for today.

EUR/USD is now going to enter the yellow zone as shown in the illustration below.

However, shall EUR/USD reaches 1.15168 then bullish scenario might be canceled for today and we will try to exit the market with minimum loss.