Ellison EUR/USD Morning analysis 19/06

This week I am looking to continue with the bullish bias that was confirmed at the end of last week, with buys above the current highs at 1.096 or waiting for pullbacks to take buys at 1.087.

EUR/USD is showing an increased probability that we could at least trend back into the higher timeframe range highs at 1.1062 as long as the dollar still remains softer and we are holding this current bullish price action structure that is in play currently.

We are still having the dollar weakness sentiment hold weight in the short term as the DXY ranges in its current daily range.