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EURUSD could reach 1.1275/85 in th short term
EURUSD
, 60
Long
EURUSD: EURUSD could reach 1.1275/85 in th short term

EURUSD intraday rally remains intact towards 1.1275/85 levels, before it finds resistance. The hourly chart presented here indicates the following: the drop from 1.1420 through 1.1167 is corrective a-b-c and could be complete. In that case a rally should unfold higher and EURUSD might print above 1.1420 mark. An an alternate count, the a-b-c drop could be a part...

EURUSD short term rally due towards 1.1280/1.1300
EURUSD
, 60
Long
EURUSD: EURUSD short term rally due towards 1.1280/1.1300

EURUSD is bouncing off the resistance turned support trend line around 1.1190/1.1200. An engulfing bullish pattern seems to be in the making and bulls might be poised to rally toward 1.1280 at least. If EURUSD managed to push through 1.1300, high probability remains for a test above 1.1400 and possibly towards 1.1500. A crucial level seems to be around 1.1167,...

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