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Nov 27 - 11:55 AM

EUR/USD - Bulls Seem To Be Gearing Up To Charge At The 2020 Peak

By Martin Miller  —  Nov 27 - 10:00 AM
  • EUR/USD's chart is looking increasingly bullish nL1N2IC0IJ

  • Scope grows for gains towards the 2020 1.2014 peak posted in Sept

  • EUR/USD was recently propped up by the thick 1.1766-1.1813 daily cloud

  • Bullish as it has broken Nov 1.1920 high on Wednesday, Thursday and Friday

  • Positive alignment of tenkan and kijun lines adds to underlying upside bias

  • We are looking get long on near-term dips to 1.1850

  • EUR/USD Trader TGM2334. Previous update nL1N2IB0BM

Daily Ichimoku Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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