Analysis by Forex Royals
Currency: EUR/USD
Trend Expected Direction: Up.
Method: Resistance and Support levels , Pivot points.
Description: we can notice that the EUR/USD reached again to the resistance level at 1.3485 again and retested it , it is still above the pivot point 1.3430, we expect the uptrend movement to continue till it gets again to 1.3490.
Action: Best action is to buy above the Pivot point.
Target Area: First target 1.3490, second target 1.3535.
Stop Loss: Below the Pivot point and the support point at 1.3350.
