Hey, I am back with another Forex idea, this time looking at EUR/USD pair.
So my last Technical analysis was on EU again, on point, so don't forget to follow me in order not to miss out on such good opportunities, .
And this time, I still don't see a reason to short EUR/USD as DXY is very weak, and EXY is pretty strong. Also there is no technical side of the chart, that is showing some bear signs, so once again, long EU.
The preferred entry is 1.17100 - 1.17160 ( I am in since 1.17100) TP 1 1.17400 - 1.17450 (25 pips) TP 2 1.17640 - 1.17700 (48 pips)
Good luck with your trading!
Trade active
Note
Took profit at 1.17395 and reentered again at 1.17100
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.