Eurusd

2021年8月8日

Hi traders, last friday we have some positive data on usd,meaning that usd gain stronger. But I believe eur at this level will gain some strength since previously when price reached this zone( 1.7578) and price starting rising.I believe the reason price start rising is because the daily trendline hold the price and if we take a fibonacci level from previous high (1.226). We can see fibo 38.2% level perfectly lining up with previous structure (1.196). I'm in a long bias. I would recommend traders buy from here and hold till our first tp (1.196). Recommend stop loss level at 1.7. RR(1:2).Plan the trade, Trade the plan. Goodluck traders.