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EURUSD - close above daily cloud top signals further upside. Targets at 1.1400 and...

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 12, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EURUSD The Euro maintains strong bullish sentiment, gained by dovish Fed minutes last week, with Friday’s strong rally that closed above daily Ichimoku cloud top and strong bullish weekly close, being supportive for further upside. The pair penetrated weekly cloud base and looks for psychological 1.1400 barrier, also 50% of 1.1712/1.1086 fall, which was approached on Friday’s rally. Break higher to expose other significant barriers at 1.1458/65, peaks of 18 Sep / 15 May, also near 1.1473,

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