This week as long as the EURUSD
price will be above 1.20 trend still bullish
. Stay long or open new long positions above 1.20 with 1.2125 and 1.2220 as targets before falling again. Buy the deeps will be the better strategy for EURUSD
trading at the moment. On the weekly and daily charts
the price of the cross still above all moving averages so that bullish trend
is confirmed. Momentum above 100 means that buyers have got control of the cross.
Support levels: 1.1865 - 1.1905 - 1.2000 Resistence levels: 1.2090 - 1.2125 - 1.2200