EURUSD Rejects from Near-term support | July 6, 2017

Eurusd has rejected above 1.1300 support zone. This pair respected this support zone. We can see bullish reversal candle on h4. So this can be bullish continuation signal for this pair. Traders can take buy entry from 1.1335-45 zone and SL will be below 1.1300. Tp will be 35-80 pips. 

1.1290 level is strong support level for this pair. We can look for buy above this support zone. This pair is still above 100 and 200 ema on h4. So buyers can still look for the buy on this pair.

If the support zone breaks, then sellers can enter with big volume. Then it can fall rapidly. So sellers need to wait for the breakout and then they can take sell entry with 40 pips SL and 50-100 pips TP.

Short term Forex Signal Live on EURUSD