Timeframe: D1
EUR/USD mark: 1.17267
Forecast: Upside
Keypoints:
Support: 1.17000
Resistance; 1.20500
First resistance: 1.19000
Buy now!. Cross is at the support line. Set your SL at 1.16500 and TP at 1.19000. Note that what you are seeing over chart is the head of an upside movement started on May at 1.11000. So, trend is clearly bullish. We're assisting consolidation movements before this cross goes higher. By the other hand, if it breaks the support line 1.14000 is the target.
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