EUR/USD -27/6/2023-
• The previous decline stopped at the 78.6% level of the rally that led to it
• Current bullish impulse is targeting the 1.10-1.11 area
• Bulls still got some work to do, at least get a strong move and daily close beyond 1.10
• Bullish 20 MA supporting the price today at 1.08280
• First resistance comes at 1.1010 followed by 1.11
• Current bullish impulse is targeting the 1.10-1.11 area
• Bulls still got some work to do, at least get a strong move and daily close beyond 1.10
• Bullish 20 MA supporting the price today at 1.08280
• First resistance comes at 1.1010 followed by 1.11
Ramzi Abou Abdallah, CFTe, CMT
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