EUR/USD Price Outlook| Pullback possible but buying is risky
Dear friends, in my previous EUR/USD idea I advised you to sell at 1.1860
and target 1.1670 as TP ( previous idea attached below).
If you followed it, you have made more than 200 pips profit.
Currently, EUR/USD is at a critical area. It is at the 100-day EMA level.
Besides, 1.1620 can also offer some amount of support.
So, it is possible to see a small pullback to the upside.
That being said, I won't advise to buy big at this stage. My preferred
approach is to sell the rallies in EUR/USD if it reaches the resistance level.
and target 1.1670 as TP ( previous idea attached below).
If you followed it, you have made more than 200 pips profit.
Besides, 1.1620 can also offer some amount of support.
So, it is possible to see a small pullback to the upside.
That being said, I won't advise to buy big at this stage. My preferred
approach is to sell the rallies in EUR/USD if it reaches the resistance level.
