Mihai_Iacob

EurUsd remains very well supported

Long
FX:EURUSD   Euro / U.S. Dollar
After the clear break above 1.0350 resistance and the confirmation of the break on Friday's NFP, EurUsd starts the week strong and we have a new local high at the time of writing at 1.0565.
Although in my opinion this is just a correction for the longer time frame, and in the short term I expect USD to continue its weakness and in EurUsd's case I expect an up continuation.
As I said before, the 1.08 zone could be the bull's target and as long as 1.0350 the bullish structure is clear and intact.
Buy dips should be the strategy

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