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Mihai_Iacob

EurUsd- Back towards 1.09?

Long
Euro / Dollar Américain (FX:EURUSD)  
Mihai_Iacob  
FX:EURUSD   Euro / Dollar Américain
Trend Analysis Chart Patterns Technical Indicators eurusdlong eurusdprediction eurusdoutlook eurusdsignals signals
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trendanalysis chartpattern indicator eurusdlong eurusdprediction eurusdoutlook eurusdsignals signals
Friday, EurUsd closed under 1.07 important support
However, yesterday the pair lacked continuation and got back pretty quickly above this level.
The market seems to be positioning for "positive" CPI data and in such an instance a rally could follow for EurUsd.
I'm bullish as long as 1.0650 is intact and 1.09 could be the target in the short term.
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