EURUSD - We look to Buy a break of 1.1190
EURUSD - The selloff has posted a correction count on the daily chart. Daily Ichimoku Cloud base acted as support yesterday. Buying posted in Asia. The 161.8% Fibonacci extension is located at 1.1188 from 1.1229 to 1.1165. There is no clear indication that the upward move is coming to an end. A break of 1.1190 is needed to confirm follow through bullish momentum. Our profit targets will be 1.1242 and 1.1267.
EURUSD - The selloff has posted a correction count on the daily chart. Daily Ichimoku Cloud base acted as support yesterday. Buying posted in Asia. The 161.8% Fibonacci extension is located at 1.1188 from 1.1229 to 1.1165. There is no clear indication that the upward move is coming to an end. A break of 1.1190 is needed to confirm follow through bullish momentum. Our profit targets will be 1.1242 and 1.1267.
Daily Market Analysis by Forexmart
