Quick Overview:
We're eyeing a potential rise for EUR/USD, starting from 1.076 and aiming for a target of 1.14. But, like any journey, there'll be a few stops and detours.
Here's the roadmap:
Lift-off: We're starting at 1.076. Upward momentum seems to be building!
First Stop: Expecting a pause around 1.104-1.105. Let's call it our "coffee break."
A Little Backtrack: After the break, we might retrace a bit, dipping to around 1.081-1.084. But don't worry, it's just to gather momentum!
Onwards and Upwards: Next, we aim to break past our coffee stop and head straight for 1.127-1.128.
Quick Breather: After reaching 1.127-1.128, we might pull back a little, taking support at our earlier break point: 1.104-1.105.
Final Stretch: Refreshed from the breather, we're shooting for our end goal: a solid 1.14.
Tips for the Road:
Consider jumping in on dips, especially near our predicted support points.
Keep those seat belts on! Always use stop-losses for safety.
Keep an eye out for news or big events. They can change our route!
We're eyeing a potential rise for EUR/USD, starting from 1.076 and aiming for a target of 1.14. But, like any journey, there'll be a few stops and detours.
Here's the roadmap:
Lift-off: We're starting at 1.076. Upward momentum seems to be building!
First Stop: Expecting a pause around 1.104-1.105. Let's call it our "coffee break."
A Little Backtrack: After the break, we might retrace a bit, dipping to around 1.081-1.084. But don't worry, it's just to gather momentum!
Onwards and Upwards: Next, we aim to break past our coffee stop and head straight for 1.127-1.128.
Quick Breather: After reaching 1.127-1.128, we might pull back a little, taking support at our earlier break point: 1.104-1.105.
Final Stretch: Refreshed from the breather, we're shooting for our end goal: a solid 1.14.
Tips for the Road:
Consider jumping in on dips, especially near our predicted support points.
Keep those seat belts on! Always use stop-losses for safety.
Keep an eye out for news or big events. They can change our route!