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AlgoVenture

EURUSD: Supported at 618 Level, Broke above Consolidation

Long
Euro / U.S. Dollar (FX:EURUSD)  
AlgoVenture  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis EURUSD euro dailyanalysis dailyforecast dlifestyletrader
5
0
trendanalysis eurusd euro dailyanalysis dailyforecast dlifestyletrader
EURUSD has retraced significantly since the beginning of the trading week.
The price was seen supported at the 618 level which lasted from last night and through the Asian session.
The price has also rebounded off and broken above the minor consolidation when it was first seen supported at the 618 level.
It is a good time to buy the pullback, targetting at 1.1150 (previous high) and then 1.1185.

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