EURUSD may rise 39 - 79 pips
Our preference
Long positions above 1.0580 with targets at 1.0640 & 1.0680 in extension.
Alternative scenario
Below 1.0580 look for further downside with 1.0555 & 1.0530 as targets.
Comment
Technically the RSI is above its neutrality area at 50.
Our preference
Long positions above 1.0580 with targets at 1.0640 & 1.0680 in extension.
Alternative scenario
Below 1.0580 look for further downside with 1.0555 & 1.0530 as targets.
Comment
Technically the RSI is above its neutrality area at 50.