Euro rose up coz of weak US dollar , not it's good economy. Draghi will maintain the dovish attitude to the monetary policy and won't change it until summer in 2020. It has formed 2 tops in chart, which means its rising motivation is decreasing. If it is stably supported by 1.1315, it'll try to touch 1.1370 again.
The target is 1.1370.
Turning point: 1.1315.
Under 1.1315, bearish , target price is set at 1.1290, then 1.1275.
Above 1.1315, bullish , target price is 1.1360,then 1.1370.
RSI technical indicators are bearish and have a further downward trend.
The target is 1.1370.
Turning point: 1.1315.
Under 1.1315, bearish , target price is set at 1.1290, then 1.1275.
Above 1.1315, bullish , target price is 1.1360,then 1.1370.
RSI technical indicators are bearish and have a further downward trend.
Comment:
Target Reached.