EurUsd outlook
After the double top made around 1.1175, EurUsd dropped aggressively approx 200 pips. The pair found support at 1.0980 a previous support/resistance and also Fibo 61%.
Yesterday the pair put in a bullish engulfing which give us reason to be optimists.
The first resistance comes into place at 1.11 followed by 1.1175
Strategy:
Buy the market with a tight stop, under 1.0980
First target @ 1.11
Second target @ 1.1170
Yesterday the pair put in a bullish engulfing which give us reason to be optimists.
The first resistance comes into place at 1.11 followed by 1.1175
Strategy:
Buy the market with a tight stop, under 1.0980
First target @ 1.11
Second target @ 1.1170
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