Sive Morten
Special Consultant to the FPA
- Messages
- 19,196
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:
