Technical Analysis

EURUSD cracks to new week highs

Seems towards 1.1400 space

The EURUSD cracks to new week highs taking out the Monday excessive at 1.13829. The subsequent goal is available in at 1.13933 (61.eight%), and 1.1400 (pure degree).

Within the course of, the pair is transferring away from the 200 hour MA and 50% at 1.1369-71. Keep above that degree is now shut danger for the longs now.  

PS. technically, the 100 hour MA (blue line is the place the present bar primarily based (bullish).   

ForexLive


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