EurUsd- M30 outlook
Last Thursday was a very volatile day for EurUsd, with an explosive rise to 1.19, just to be followed by a steep drop under 1.18.
Under 1.18 bulls regained control and the pair closed above important 1.18 zone. On Friday the pair has risen nicely and closed the week in 1.19 zone but more important, managed to clear 1.1850-1.1860 support zone.
In my opinion, EurUsd has resumed its up-trend and dips against 1.1850 should be bought.
1.2 could be the target for this week
Under 1.18 bulls regained control and the pair closed above important 1.18 zone. On Friday the pair has risen nicely and closed the week in 1.19 zone but more important, managed to clear 1.1850-1.1860 support zone.
In my opinion, EurUsd has resumed its up-trend and dips against 1.1850 should be bought.
1.2 could be the target for this week
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