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EUR/USD Moves Up if 1.1700 Holds

By:

Nenad Kerkez

Published: Jul 27, 2021, 10:16 GMT+00:00

The EUR/USD could move up if the 1.1700 holds. At this point the pair is at support.

The zone is just above the M L3 camarilla pivot. We can see that the price has made 3 higher lows and on a daily TF this looks bullish. From the R:R perspective, we could see a good trading opportunity towards 1.1968 levels. Watch for a bounce and continuation if the market keeps the price above 1.1700

For a look at all of today’s economic events, check out our economic calendar.

Cheers and safe trading,

Nenad

About the Author

Nenad Kerkezcontributor

M.Ec. Nenad Kerkez aka Tarantula is Elite CurrenSeas Head trader and a valued contributor to many premium Forex and trading websites.

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