EUR/USD Positive Momentum Dominates the Pair

2 min read
Nenad Kerkez

Nenad Kerkez

Head of Trading

Dear Traders,

The EUR/USD is bullish. We should see a continuation to the upside with or without retracement.

1.1600-15 is the POC zone. Another lower entry zone might be 1.1675. Pay attention to any retracement towards those levels as there might be buyers waiting for a move up. The first target is 1.1731 while continuation above the level will aim for 1.1794. IMO, I think that retracement is possible as 1.1731 is both the D H5 and ATR projection high.

The analysis has been done with the CAMMACD system.
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Many green pips,
Nenad Kerkez aka Tarantula FX
Elite CurrenSea

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