Mihai_Iacob

EurUsd- Long after correction

Long
OANDA:EURUSD   Euro / U.S. Dollar
The single currency has had a good run this month gaining 300 pips and reaching the important 1.2 psychological figure.
At this point, EurUsd is in a correction phase and this can be a good opportunity for bulls to jump in.
I expect 1.19 zone to be well defended and dips under can be a good buy opportunity
The target can be set at 1.2050 resistance and a dive under 1.18 would negate this scenario

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