Long

EURUSD is overbought and give us buying opportunitty.

Updated

with target 1.19

Note

EUR has just reached 0.382 retracement. I think there are some traders taking their profit right now. From my point of view, EUR should retest 1.173-1.175 support. Otherwise, it is too risky for me to get in the long positions at the current price level.

Note

If EUR is rejected by 1.178 (0.382 retracement) and cannot hold the 1.173 support level, another daily bearish impulse may play out.

andypro16

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