By Martin Miller — Feb 22 - 02:04 AM
Bulls could be poised to charge at the daily cloud top, currently at 1.2202
A break and daily close above the cloud top would be a very bullish sign
Tenkan and kijun lines are positive aligned, reinforcing the upside bias
We remain long at 1.2035 in anticipation for much bigger gains
Our trailing stop is below the 30-DMA which currently resides at 1.2107
EUR/USD Trader TGM2334
Daily Chart: Click here
Source:
Refinitiv IFR Research/Market Commentary