EURUSD update: Scope to rally further
Having a low at 161.8fe (A-B-C corrective pattern) the major resumes the short-term rally. Since last week, we have been forecasting A BULLISH REACTION. This week we forecast targets at 1.2010 and 1.2090.
On the hour chart (H1), the major gave a decent bullish breakout above the neckline, aiming at 1.2010 levels with supports 1.1890 and 1.1830 levels.
https://twitter.com/KeytoMarkets/status/995849310586654720
On the hour chart (H1), the major gave a decent bullish breakout above the neckline, aiming at 1.2010 levels with supports 1.1890 and 1.1830 levels.
https://twitter.com/KeytoMarkets/status/995849310586654720
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.