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EURUSD Needs Retrace for bullish again | July 17, 2017



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In eurusd, we are seeing big bullish momentum. Now, this pair should take little retrace for bullish rally again. We can wait for some down for short term, then we can expect bullish again. Buy zone lies on 1.1430-40 level. If we get a bullish candle in this zone, we will take buy entry. SL will be 30 pips. TP will be 40-100 pips. 

1.1380-90 zone is strong support zone for this pair. We can expect a bullish pull back from this zone. So we need to wait for a bounce back from that zone. 



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