I am bullish on Euro and anticipate next target to be 1.2180 after clearing last week 1.2080 area. In addition, DXY is currently bearish.
On Monthly TF, if Euro closes above last month March high 1.2113, we will be having an engulfing bullish candlestick which confirms more up move for May.
On Daily TF, possibly an inverse head and shoulder forming if it rejects 1.2180-1.22 area and bounces back to 1.20 which I expect.
On Monthly TF, if Euro closes above last month March high 1.2113, we will be having an engulfing bullish candlestick which confirms more up move for May.
On Daily TF, possibly an inverse head and shoulder forming if it rejects 1.2180-1.22 area and bounces back to 1.20 which I expect.