tradingconmike

EURUSD → Next on the upside comes 1.1000

Long
FX:EURUSD   Euro / U.S. Dollar
EURUSD climbs for the third session in a row and revisits the 1.0960 zone, or monthly highs, on Monday.

The continuation of the upward bias could see the psychological threshold of 1.1000 revisited ahead of the August top of 1.1064 (August 10).

So far, while above the significant 200-day SMA, today at 1.0810, the pair’s outlook should remain constructive.

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