Analisa EURUSD 08 Juni 2018
EUR / USD on yesterday trading session (07/06) again rose from the opening level 1.1772, to the level of 1.1800 closing. Then, from the 1.1830 level, the price is rejected outright, and decline sharply towards the support level 1.1714, where we can buy entry.
From Chart H4 above, we can see that currently EUR / USD is retrace to trendling level, and support and EMA. So, arguably this opportunity is the best opportunity for entry. We can wait for the price up to the 1.1700 round number if the price still intends to go down. The buy entry can be done by placing a stop loss below the 1.1615 level, with a target supply of 1.2360.
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