EURUSD is currently looking to challenge the 1.3667 level and break of that will set 1.3700 as net target level. RSI has also come down considerably and we should expect another move towards 1.3700
On the lower side, break of 1.3558 level will means that EURUSD will head towards 1.3407 level. As said earlier, the RSI is around 58 and thus will support an extended move in each direction.
TRADE:
Buy EURUSD @ 1.3558 for Profit Level @ 1.3618 and Stop Loss @ 1.3528
Disclaimer: All information on this web site is subject to change. The use of this web site constitutes acceptance
of our user agreement. All publisher financial articles at
FXtree.com are those of the individual authors and do not represent trading recommendations
of FXtree.com or its staff.