EUR/USD: Euro held on to last weeks gain above critical support
The Euro managed to reach my long estimated targets at 1.11340 and 1.11605 as per my previous post. The latest surged in prices could continue to the upside only if it breaks and remain above 1.11605.
The U.S.- China Trade war could continue to fuel the Euro's run to the upside as the dollar weakens. The Euro trades at 1.11463 from time of reporting and needs to continue and hold above 1.11340 to avoid falling to its next support at 1.11000
The U.S.- China Trade war could continue to fuel the Euro's run to the upside as the dollar weakens. The Euro trades at 1.11463 from time of reporting and needs to continue and hold above 1.11340 to avoid falling to its next support at 1.11000
