03 Agustus 2021, EUR/USD
Technical Observation:
EURUSD bounced off from the lower trendline and is currently heading to the upperside, while the price is not able to break and close below the lower trendline, I expecting further momentum to the lowerside and should head straight towatrrds 1.14465 and may extend much lower. On the upperside, we are looking for a possible rally much higher with the next ideal target set along the upper trendline and may extend much higher.
Trade Recommendations:
We're buyers towards the upper trendline.