Bulls could be poised to charge at the daily cloud top, currently at 1.2200

A break and daily close above the cloud top would be a very bullish sign

Tenkan and kijun lines are positive aligned, reinforcing the upside bias

As does the latest daily close above the 1.2151 Fibonacci level

1.2151 Fibo is a 50% retrace of the 1.2349 to 1.1952 (Jan to Feb) EBS drop

EUR/USD Trader TGM2334 Previous update nL1N2KR0IG