EUR/USD moves up if 1.1700 holds

Nenad Kerkez Top-XE

The EUR/USD could move up if the 1.1700 holds. At this point, the pair is at support.

The zone is just above the M L3 camarilla pivot. We can see that the price has made 3 higher lows and on a daily TF this looks bullish. From the R:R perspective, we could see a good trading opportunity towards 1.1968 levels. Watch for a bounce and continuation if the market keeps the price above 1.1700.

The analysis has been done with the CAMMACD.Core System.

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Author

Nenad Kerkez

Top-XE

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