Off To A Good Start

The trading week started profitable.

EUR/USD: We have already reached our bullish target at 1.1220 and secured a good gain (we went long at 1.1175 yesterday).

Next price levels to watch out for: Above 1.1290 chances are slightly in favor of the bulls with higher targets seen at 1.1350 and 1.1380. If the euro, however, falls back below 1.12 (and further below 1.1180) sentiment changes in favor of the bears with lower targets seen at 1.1050 and 1.10.

Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.


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