EUR./USD analysis for July 25, 2018
Recently, the EUR/USD pair has been trading upwards. The price tested the level of 1.1711. Anyway, according to the H1 time – frame, I found a potential end of the upward movement since the price tested the top band of the Keltner channel, which is a sign that buying looks very risky. My advice is to watch for potential selling opportunities. The downward targets are set at the price of 1.1655 and at the price of 1.1605.
Trading recommendations for today: watch for potential selling opportunities.