Medium-term outlook EURUSD
According to my analysis from last Friday, I expect EURUSD to run up in the short term.
I see the recent highs as the ultimate target for long positions in the short term.
This analysis represents a medium-term outlook and assumes that the EURUSD price will not significantly exceed the range of the recent highs.
Unless the highs are sustainably surpassed, a significant correction to the area just above 1.07 is to be expected.
A short setup would have an RRR of around 6:1.
I see the recent highs as the ultimate target for long positions in the short term.
This analysis represents a medium-term outlook and assumes that the EURUSD price will not significantly exceed the range of the recent highs.
Unless the highs are sustainably surpassed, a significant correction to the area just above 1.07 is to be expected.
A short setup would have an RRR of around 6:1.
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