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Dec 18 - 03:55 AM

EUR/USD - Chart Points To A Bullish End Of Year

By Martin Miller  —  Dec 18 - 02:35 AM
  • EUR/USD bulls are focused on the 1.2290 April 23 2018 high in the near-term

  • Tenkan and kijun lines are increasingly bullish aligned = positive potential

  • EUR/USD is on course to register a month-end close above major 1.2103 Fibo

  • 1.2103 Fibo is a retrace of the 1.2556 to 1.0636 (2018 to 2020) drop

  • EUR/USD Trader TGM2334. USD could crash under major levels nL1N2IX0PY

Monthly Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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