EURUSD broke up the 1.14800 last week which was the top of our weekly/daily range.
Now we can say the EURUSD is now in a bullish market and we will aim to reach the 1.18 at mid term.
The price retraced to our 1.14800 support at the end of last week. We will be very focused at the beginning of next week to see if the price bounce up to continue the bullish market or if the price goes back in our weekly/daily range.
This last scenario would end the bullish market and we could reach the 1.13 level which is the bottom of our weekly/daily range.
Now we can say the EURUSD is now in a bullish market and we will aim to reach the 1.18 at mid term.
The price retraced to our 1.14800 support at the end of last week. We will be very focused at the beginning of next week to see if the price bounce up to continue the bullish market or if the price goes back in our weekly/daily range.
This last scenario would end the bullish market and we could reach the 1.13 level which is the bottom of our weekly/daily range.