04 Agustus 2021, EUR/USD
Technical Observation:
Yesterday, EURUSD bounced off from the supportive trendline and is currently heading to the upperside. While the price remains above the lower trendline, I expect nothing but a possible rally to the upperside and should continue much higher towards the upper trendline. If the price breaks below the supportive trendline, then we will be expecting a possible rally to the lowerside and should head much lower towards 1.15350.
Trade Recommendations:
We're long towards the upper trendline.