Goodmorning everyone,
I expect a pullback to around 1.18150 before EUR/USD continues its uptrend.
EUR/USD has grown a lot in a very short period of time and now a pullback is required to make another attack on the 1.20 mark.
Confirmed by:
- Fibonacci Retracement
- Uptrending Channel
- RSI below overbought
- Trading above 50, 100 and 200 SMA
Have a good day!
I expect a pullback to around 1.18150 before EUR/USD continues its uptrend.
EUR/USD has grown a lot in a very short period of time and now a pullback is required to make another attack on the 1.20 mark.
Confirmed by:
- Fibonacci Retracement
- Uptrending Channel
- RSI below overbought
- Trading above 50, 100 and 200 SMA
Have a good day!