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Thomson Reuters
Jun 12 - 06:12 AM
EUR/USD - Bulls Building For An Attack On Key Fibo Level
First appeared on eFXplus on Jun 12 - 03:55 AM
  • EUR/USD bulls continue to build for further gains in coming sessions
  • Bullish as trading mostly sustained above kijun line which is now at 1.1753
  • Scope is growing for eventual gains to the 1.1910 Fibonacci level
  • 1.1910 -- 38.2% retrace of the 1.2556 to 1.1510 (February to May) fall
  • Remain long at 1.1735 for an overshoot to our 1.1950 target nL1N1TD06Z
  • Bullish EUR/USD, risk rebound feather in EUR/JPY's cap nL1N1TD07V

EUR/USD Trader:

Daily Ichimoku Chart: Click here

Source:
Thomson Reuters IFR Markets

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