Near Term Trend: Bullish for a bounce
As of 7/6/2018 close: 1.17471
UPDATE: Last week, I suggested buying the EURUSD cross at 1.155 with stops below 1.15 and with a target of 1.191.
Last week, EURUSD managed to make a short-term higher low and looks to me (based on the chart to the left) like it can run up to 1.185 or so on this move. Probably a good idea for bears to step out of the way for now.
Id buy dips in EURUSD to 1.1684 with stops below 1.1620 and with an upside target of 1.1847. No shorts for now!!