EUR/USD reached buy target 1.1700

EUR/USD reached buy target 1.1700

  • EUR/USD reached buy target 1.1700
  • Next buy target - 1.1800

EUR/USD recently reached the resistance level 1.1700 (which was set as the buy target in our earlier forecast for this currency pair). The price earlier reversed up from the key support level 1.1500 – which stated the active minor impulse wave (v) – which belongs to the impulse wave 5 from the middle of June. With the accelerating daily Momentum - EUR/USD is expected to rise further to the next buy target at the next resistance level 1.1800 (forecast price calculated for the completion of the active impulse wave 5).



Latest news

USD/CHF may rise a bit

USD/CHF formed a “hammer” candlestick on the D1. The most recent price low wasn’t confirmed by the Awesome Oscillator on this timeframe.

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