Contributors Technical Analysis EUR/USD Turned To The Upside

EUR/USD Turned To The Upside

The EUR/USD is trading in the green and resumes the Friday’s bullish candle. The upside momentum is natural as the USDX is trading in the red and looks too heavy to be stopped at this moment. It is trading near the 1.1820 level and could hit fresh new high till the end of the day. The next upside target is at the 1.1846 previous high, could be attracted by the upper median line (uml) as well. Will resume the upward swing if will have enough energy to close above the 1.1909 previous high.

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