[Forex1 | Euro vs US Dollar] Strength in EURUSD is likely to continue. We see a less chances of an immediate fall on the instrument for short-term technical outlook. Next upside barriers follow (1.3376) at (1.3415) and (1.3470).Longing EURUSD is advisable for today.
[Forex1 | Euro vs US Dollar] We expect a bullish overall direction for today. That requires the base to build on (1.3288); targeting (1.3343) then (1.3373). A break under (1.3167) support area will extend losses to (1.3177).Buy on depth for today with a stop loss below (1.3167).
[Forex1 | Euro vs US Dollar] Currently, further bullish actions could be seen on EURUSD. A break below (1.2945) could be a threat to the bullish scenario targeting (1.2981) even (1.2955). On upside. Immediate resistance is at (1.3299). A close above that area should keep the major bullish scenario intact testing (1.3429) area.Look for long positions for current trading session.