EURUSD bullish scenario

12月6日

In addition to the good news for the dollar index on Friday, EURUSD has room to climb to 1.06500 and threaten the trend line. On the lower side, we see a crooked reverse H&S pattern, a break above the neckline. As long as we are above this line, we can hope for further recovery of the euro. A break above the trend line raises the EURUSD to 1.07000 and increases the chances of reaching the 1.08000 level in the continuation of the momentum.