Sive Morten
Special Consultant to the FPA
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Good morning,
EUR holds bullish context but its upside is limited by overbought area. This is the reason why we consider 1.1080 as most probable target. 1.0845 in turn is a preferable area for upside reversal, but it could happen from higher levels as well. We consider 1.0770 lows as invalidation point for current setup:
EUR holds bullish context but its upside is limited by overbought area. This is the reason why we consider 1.1080 as most probable target. 1.0845 in turn is a preferable area for upside reversal, but it could happen from higher levels as well. We consider 1.0770 lows as invalidation point for current setup: