Overall view of EURUSD - Update of July 22nd week

2019年7月21日

A big week ahead with a series of news and stock earnings: The FOREX pair is close to a high demand level @1.12000 and has been consolidating since the beginning of the month. As the daily traded volume remains steady, volatility and a breakout move could be seen ahead especially with the Fed signalling a quarter-rate cut.

Possible target: 1.11400 (- 70pips) close to the low of the year.

Advice: Stay bearish and sell any high points while we don't break upside @1.12800

2019年7月23日

交易結束：目標達成

Target was successfully reached!