EURUSD Bullish Black Swan And Intraday Overview

1.16000 is of psychological support.

We see a Bullish Black Swan Pattern on the H1 chart.

We may see a retracement towards 1.16500 1.16800 and 1.17200

However, bearish pressure remains on the pair unless it closes above 1.17200.

Cycle Sniper & Reversal Sniper Indicators:

We had a weak buy signal at 1.16100 by the Cycle Sniper and Reversal Sniper indicators’ smaller periods settings which confirms the Bullish Black Swan.

Intraday traders may buy the pair targeting 1.16500, 1.16800 and 1.17200.