EURUSD LongEURUSD had great week showing intention to look for higher prices
Price most likely to hit 38% fibo and retrace before pushing higher
Overall sentiment of the market is very bull for EURUSD :
1- Weekly Overview - Huge positive candle on the weekly close
2- DXY broke support and is looking bearish. The structure breakout projection is point DXY to drop to mid 38%-50% fibo .. plenty of room for EURUSD to grow and to break reverse to bull
3- Main USD pairs - All looking bad for USD therefore EUR should benefit from but also expect several retracements to adjust and look for supports in order to sustain their gains from this week
- USDJPY - Looking Bear
- USD vs GBP also on the bear side
- USDCAD also not looking good for USD
