capitalpropertiesfx

EURUSD done with the downside?

FX:EURUSD   Euro / U.S. Dollar
440 0 1
EURUSD             is showing some signs strength today but of course, so far the move from the lows is only ~~30pips which is clearly not enough to draw any long-term conclusions. But as I'm bullish on this pair I sort of like what I see. What I also like is the fact that the two nearby lows were taken out last week and suddenly after that, price want to turn?! If we should find momentum to really start pushing higher, the first area or resistance is probably around Target nr 1 and expect it to be a minor resistance and I would like to see it break. Time will tell.
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