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Nov 20 - 04:55 AM

EUR/USD's Chart Points To A Break Above November's Peak

By Martin Miller  —  Nov 20 - 02:55 AM
  • Tenkan and kijun lines are positively aligned, meaning EUR/USD is bullish

  • Scope for an eventual break above November's 1.1920 (EBS) peak

  • Spot's setback last week was limited by solid cloud support

  • Daily cloud now spans the 1.1758-1.1813 region

  • We are looking to get long at 1.1805, in case there is another relapse

  • EUR/USD Trader TGM2334. Previous update nL1N2I50EZ

  • A simple strategy to capture EUR/USD's next upswing nL1N2I50RE

Daily Ichimoku Chart: Click here

Refinitiv IFR Research/Market Commentary


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