EUR/USD -27/6/2023-
• The previous decline stopped at the 78.6% level of the rally that led to it
• Current bullish impulse is targeting the 1.10-1.11 area
• Bulls still got some work to do, at least get a strong move and daily close beyond 1.10
• Bullish 20 MA supporting the price today at 1.08280
• First resistance comes at 1.1010 followed by 1.11
• Current bullish impulse is targeting the 1.10-1.11 area
• Bulls still got some work to do, at least get a strong move and daily close beyond 1.10
• Bullish 20 MA supporting the price today at 1.08280
• First resistance comes at 1.1010 followed by 1.11
Ramzi Abou Abdallah, CFTe, CMT
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.