Euro / U.S. Dollar
Long

EURUSD long view

69
During the Asian trading session, EURUSD held above the 1.05600 level. At the beginning of the EU session, we saw a bearish impulse and the formation of a low at the 1.05475 level. A slight recovery pushes the euro to the 1.05600 level again, preventing it from starting a bearish consolidation. If this hourly candlestick closes positively, we could expect that the euro has found support and is ready to start a recovery. Potential higher targets are 1.05800 and 1.06000 levels.

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