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Price Action

Friday, July 3 2020
EUR/USD
02:52 pm (GMT +0300)
30 minutes Timeframe

If the pair manages to withstand the bulls' pressure, it will open the way to test the support level at 1.12185. A successful breach of this level, 1.12185, will impose a bearish outlook, triggering a sell signal targeting the supports at 1.12095, 1.12049 and even lower at 1.11959. A protective stop loss at 1.12411 is highly recommended.

Should the pair manage to exceed the resistance level at 1.12411, it will eliminate the downtrend scenario, generating a buy signal.

Price Action Outlook:

Bullish
direction

Profit Levels

direction
Target 1
1.12095

direction
Target 2
1.12049

direction
Target 3
1.11959

direction
Target 4
1.11846

entry
Entry
1.12185
entry
Stop Loss
1.12411

Trend Confirmation

Momentum
direction
LWMA
direction
MACD
direction

Price Action

Friday, July 3 2020
EUR/USD
02:52 pm (GMT +0300)
30 minutes Timeframe

If the pair manages to withstand the bulls' pressure, it will open the way to test the support level at 1.12185. A successful breach of this level, 1.12185, will impose a bearish outlook, triggering a sell signal targeting the supports at 1.12095, 1.12049 and even lower at 1.11959. A protective stop loss at 1.12411 is highly recommended.

Should the pair manage to exceed the resistance level at 1.12411, it will eliminate the downtrend scenario, generating a buy signal.

Price Action Outlook:

Bullish
direction

Profit Levels

direction
Target 1
1.12095

direction
Target 2
1.12049

direction
Target 3
1.11959

direction
Target 4
1.11846

entry
Entry
1.12185
entry
Stop Loss
1.12411

Trend Confirmation

Momentum
direction
LWMA
direction
MACD
direction