novvoll12

EURUSD 1.1252: Strong bullish momentum offers scope for 1.1467

Long
FX:EURUSD   Euro / U.S. Dollar
EURUSD broke through 1.1207 (May 22, 2015 lower high) to suggest a 2-week base over 1.0818 is in place. Further strength opens 1.1323 near 76.4% of the 1.1466/1.0818 fall. Above would retest the 1.1466 recent peak (May 15, 2015). The 1.1119/1.1079 zone serves as immediate support levels.
Outlook:
Short term: bullish
Long term: neutral

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