MarcellusLUX

EUR/USD bulls gain momentum, buy the dips

Lång
FX:EURUSD   Euro / USA-dollar
Hello traders, I have recommended buying the dips in EUR/USD since the start of the week
and if you bought below 1.18, I believe you are in for a very good buy trade.(Previous chart attached below)

As you can see, EUR/USD has rebounded from the strong support zone and as long as price stays above
the support level, we can expect a continuation in uptrend towards 1.21 and beyond.

If opportunity presents itself and EUR/USD dips again, I recommend traders to buy between 1.1720-1.1780
with SL below 1.1680 and TP at 1.19, 1.21 respectively.





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