This week's key level is the same as last week at 1.07750. The euro opened today's session with a bullish gap due to the buying pressure we had last week.
I said in last week's analysis that below 1.07000 was a buy zone, and institutional traders were buying on every dip. The target price is in the zone between 1.07750 and 1.08000.
Guys, what do you think? Leave a comment with your thoughts.
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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.