EURUSD H1 Analysis

١٠ أغسطس ٢٠٢٠

The EURUSD chart has bounced off the support line it is tracing. This comes as a result of the ongoing weakening of the USD, which is likely to continue in the upcoming week. Hence, the trade would be executed as follows:
EURUSD
BUY: 1.17800
SL: 1.17300
TP1: 1.18300
TP2: 1.18800