Tue, May 18, 2021 @ 10:32 GMT
Home Live Comments EUR/USD breaks 1.2 handle as Dollar selloff resumes

EUR/USD breaks 1.2 handle as Dollar selloff resumes

EUR/USD’s rally resumes in early European session and it finally takes out 1.2 handle with some power. The solid support from 55 day EMA affirms near term bullishness. The development is also inline with out view that correction from 1.2348 has completed with three waves down to 1.1703. We’d now expect further rally back to 1.2242/2348 resistance zone.

Featured Analysis

Learn Forex Trading