EURUSD - Intraday - We look to Buy a break of 1.1155 (stop at 1.1120)
Trend line support is located at 1.1125. Majority of the initial daily losses being recaptured. Posted a Bullish Hammer Bottom on the Daily chart. Economic figures could adversley affect the short term technical picture. A break of yesterdays high would confirm bullish momentum. A bullish reverse Head and Shoulders is forming.
Our profit targets will be 1.1246 and 1.1300
Resistance: 1.1155 / 1.1181 / 1.1246
Support: 1.1125 / 1.1000 / 1.1050
Trade closed: stop reached
UpdatesThe move to 1.1155 triggered our long trade
Updated: 2019-07-25 12:48:41
Stopped at 1.1120
Updated: 2019-07-25 12:49:26
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.