July 24, 2018 08:18:00: Euro-dollar trading strategy [from Mr. Tetsu Emori's newsletter]

From the investment newsletter "Real Trading Strategy by Tetsu Emori" provided by GogoJungle, here is a small excerpt from this morning’s distribution. This time, please view the trading strategy for EUR/USD trading that is trading below the level of $1.17.

We will maintain a long position on EUR/USD. The tone is conducive to a rise due to the dollar being under pressure. If we can maintain $1.1670, there is still upside potential. It has surpassed the long-term trend of $1.1660, and there is room to rise. The fair value is $1.1565, and that too has been surpassed. It can be said that the market is in a favorable environment for rising.

From “Tetsu Emori’s Real Trading Strategy” (Tetsu Emori).

With events like the Bank of Japan’s Monetary Policy Meeting and the FOMC coming up next week, will we see a cautious mood prevail as everyone watches closely? (Editorial)

EUR/USD, 1-hour chart.

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