04.06.202005:19 Forex Analysis & Reviews: EURUSD holding above trendline support and looks for further upside!

Long-term review

Exchange Rates 04.06.2020 analysis

Trading Recommendation

Entry: 1.11670

Reason for Entry: Ascending trendline support, 23.6% Fibonacci retracement, moving average

Take Profit : 1.13623

Reason for Take Profit: -27.2% Fibonacci retracement

Stop Loss: 1.11154

Reason for Stop loss: 38.2% Fibonacci retracement

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

Dean Leo,
Analytical expert
InstaForex Group © 2007-2021
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