EUR/USD is currently showing a movement pattern similar to GBP/USD. The pair has completed its secondary trend phase and is now likely to continue the primary bullish trend.
Based on this outlook, EUR/USD is expected to rise toward the nearest resistance level as its next target price.
Recommendation:
- Buy EUR/USD
- Entry: 1.17260
- Take Profit: 1.17576
- Stop Loss: 1.17019
*DISCLAIMER: All content in daily forex news is informative. PT. Maxco Futures does not guarantee its accuracy and completeness. The company is not responsible for investment losses due to the use of the information contained.
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