29 Juli 2021, EUR/USD
Technical Observation:
Eurusd finally hit out take profit level we set at 1.18602. If the price can rise and successfully close above this level, we expect nothing but a possible momentum much higher. On chis chart basically, we are buyers. What we want to happen now is for price break and close above this level, so that we can pick the next rally towards 1.19599. A break will push the price much higher, on the flipside, should the price break below the previous day's lowest low, or rebound from the same level, then we will be looking for a possible long term sell position as it is right now, we are on the sidelines, expecting a rebound from 1.18602 to pick a sell or a break above it to pick a buy.
Trade Recommendations:
We are waiting
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