USD Bounce or Break at Support

July 31, 2017 10:00

The EUR/USD is an uptrend and a potential bounce at 1.1650-1.17 is likely considering the strong bullish momentum. A bullish breakout above 1.1775 could see price move towards 1.1850 and 1.20. The USD/JPY is showing bearishness as long as price stays below 111 and the GBP/USD market structure too if price manages to break above a key resistance trend line.

Admirals An all-in-one solution for spending, investing, and managing your money

More than a broker, Admirals is a financial hub, offering a wide range of financial products and services. We make it possible to approach personal finance through an all-in-one solution for investing, spending, and managing money.