Trading signals

EUR/USD

EURUSD

The optimism on US-China trade deal boosted the dollar upwards. The US currency may reverse another portion of its losses today.

 

The main scenario is a growth towards 1.1080.

An alternative scenario is the test of 1.1030 and a bounce off it. 

 

Trading recommendations

 

A break above 1.1050 would likely accelerate the incline leading to a test of 1.1080.

Wait the test of the handle 1.1030 and buy towards 1.1090 afterwards.