EUR/USD reversal underway, 1.0820 is the next level for bulls
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Hello traders, if you followed my yesterday's idea in EUR/USD, you have probably bagged 120 pips profit as I gave a buy call in EUR/USD@1.0490-1.0510. However, we still have another 200-250 pips to go in the next couple of weeks.
📌In the daily chart, EUR/USD has rebounded from a crucial support level.
📌The path of least resistance now is to the upside. Price has already climbed above the moving averages in the lower time frames.
📌If case of any dips, I recommend buying EUR/USD with 1.0820 as the initial target. Ideal entry would be in the highlighted zone.