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FX.co ★ EUR/USD analysis for July 15 2021 - Pullback play for today in play

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Forex Analysis:::2021-07-15T11:39:39

EUR/USD analysis for July 15 2021 - Pullback play for today in play

Technical analysis:

EUR/USD analysis for July 15 2021 - Pullback play for today in play

EUR has been trading downwards today but I see potential exhaustion and oversold condition.

Trading recommendation:

My advice is to watch for buying opportunities on the dips with the key support set at 1.1800.

Upside objectives are set at the price of 1.1850 and 1.1870.

My advice is still to watch for intraday buying opportunities on the dips with the upside targets at $1.845 and $1.855.

Stochastic is showing oversold conditon but with no bull cross yet....

Analyst InstaForex
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