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

2021-07-15T11:39:39

Relevance until2021-07-16

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....

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Petar Jacimovic

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