ForexTrendline

New peaks at EURUSD?

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FX_IDC:EURUSD   Euro / USA-dollar
From our last EURUSD analysis on June 8, we expected the price to continue rising after making a correction.

Yesterday shows us that this correction is probably over and we are already expecting the rise to higher values!

The levels we expect to be reached:
- 1.1425 (10 June 2020)
- 1.1487 (8 March 2020)
- 1.1553 (10 January 2019)

CFTC positioning data showed euro net longs at the highest in two years!

Do you expect new peaks at EURUSD?

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