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Apr 22 - 04:55 AM

EUR/USD - Set To Trigger Bullish Signals For 1.2166, 1.2451 Targets

By Jeremy Boulton  —  Apr 22 - 02:54 AM
  • EUR/USD rebounds from yesterday's 1.1999 low to 1.2047 today nL1N2ME0II

  • A close over 100-DMA at 1.2057 will spark new life into uptrend

  • Close above daily Ichimoku cloud at 1.2092 should confirm new upleg

  • High probability pair close back above key 100-MMA at 1.1808 this month

  • EUR much more attractive in wake of coronavirus nL1N2ME0OF

  • This weeks setback followed achievement of big bull target at 1.2077

  • Next big fibo targets off same levels: 1.2166, 1.2451 and 1.2913



EURUSD Click here

EURUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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