We're buyers | 28 Juli 2021

28 Juli 2021, EUR/USD

We're buyers

Technical Observation

Just as previouly expected, euro rallied to the upperside but is yey to make any significant moves to the upper side, As long as the price remains above the upper trendline, we expect nothing but a possible momentum to the upperside, ideally, we will be holding on to the buy we took during the previous day, expecting the price to move even higher towards 1.25. On the otherside, if the price breaks below the same trendline and hits our stoploss, then we are looking for sell positions.
Trade Recommendations:
We're buyers
Imelda Maseno
Analyst of «FreshForex» company
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