OUTLOOK and PREDICTIONS : EURUSD

Trading Discussion
1

Our preference
Positions above 1.16369 with targets 1.16524 – 1.16618 – 1.16706 in extension.
Alternative scenario
Below 1.16369 look for further downside with 1.16139 – 1.16065 as targets.

2

A buyer could enter between 1.15295 – 1.15127 levels?
OUR PREFERENCE
Position Above the buyer zone with targets 1.16040 – 1.16502 in extension.
ALTERNATIVE SCENARIO
Below the buyer zone look for further downside with 1.14731 – 1.14360 – 1.14062 as targets.
Note:
EURUSD index may strongly support found at 1.15127 level.

3

EURUSD first target has been achieved 1.16040 after took the support of buyer zone.

4

babypip_moneymunch-eurusd
babypip_moneymunch-eurusd1051×510 70.9 KB

OUR PREFERENCE
Position Below 1.13790 with targets 1.13402 – 1.12946 – 1.11758 in extension.
ALTERNATIVE SCENARIO
Above 1.13790 look for further upside with 1.14333 – 1.14693 – 1.15164 as targets.