fxplan

EURUSD: A short-term analysis

EURUSD in the short-term bias remains on the upside this week.

EURUSD could continue pushing higher after made a big move on Thursday(the strongest move since 2009),  a first upside target at 1.1100, break above will target 1.1466,  in long-term still expect more downside as long as 1.1100 resistance holds.

Strategy : Buy in dip or Sell at 1.1100 resistance
Plan A: wait a buy signal above 1.0800
Target:
1.1100 , Stop loss: 1.066
Plan B: wait a sell signal at 1.1100
Target:
1.0900 , Stop loss: 1.1200
Trend:
Short-term up
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