Solely based on technical analysis, buy recommendation on EURUSD.
Price is currently at the lower limit of its expected movement range (green lines). Upwards movement from this area could expected.
The pair is in a bearish trend since the 18th of August. Still buying at these levels could be attractive.
Possible targets could be 1.1050- 1.1110 area and 1.1250-1.1300 area.
Price is currently at the lower limit of its expected movement range (green lines). Upwards movement from this area could expected.
The pair is in a bearish trend since the 18th of August. Still buying at these levels could be attractive.
Possible targets could be 1.1050- 1.1110 area and 1.1250-1.1300 area.