EUR/USD has rebounded from the 1.17 strong support level. We can also see the formation
of a bullish candlestick in the weekly chart.
In addition to this, EUR/USD is showing bullish price action after touching the 100 week EMA.
These three factors make a strong case to buy any dips in EUR/USD in the coming days.
I recommend traders to buy EUR/USD between 1.1740-1.1770 with SL below 1.1680 and
TP at 1.19 and 1.21 respectively for the next 4-6 weeks.
of a bullish candlestick in the weekly chart.
In addition to this, EUR/USD is showing bullish price action after touching the 100 week EMA.
These three factors make a strong case to buy any dips in EUR/USD in the coming days.
I recommend traders to buy EUR/USD between 1.1740-1.1770 with SL below 1.1680 and
TP at 1.19 and 1.21 respectively for the next 4-6 weeks.