EURUSD Bulls can target 1.0120/50 so long as 1.0000/0.9980 holds. The euro was shaken up initially on the knee-jerk but has not been bent out of shape technically on the 4-hour charts. EUR/USD remains above a key support area of 1.0000. The following illustrates the upside bias so long as this support remains intact for days ahead with a focus on 1.0120 on a breach of 1.0080.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.