rocketinvest
Long

EURO vs U.S DOLLAR Simple Outlook

FX:EURUSD   Euro Fx/U.S. Dollar

the pair made a new lower low yesterday at 1.1103 then started to rebound massively making a new higher high @1.1204 and higher low @1.1146 which gave our new up trend more power that needed to break the always strong resistant 1.1200 and close above it next week..
Also it could try to make a small correction after hitting the simple MA 200 at 1200 the correction may reach 1.1180 but breaking there will lead the price to 1.1160 before going long again reaching our waited target at 1.1230:1.1246
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