EUR/USD Bulls are Dominating

The EUR/USD has formed a strong bullish move and we should see continuation of the bullish trend.

1.1460-70 is the POC zone which is also supported by the bullish order block. If the price moves to that zone we should see a move up as the next swing. Targets for the pair are 1.1558 followed by 1.1577 and 1.1590. Only below 1.1450, the pair will get back in the ranging mode. Pay attention to the ATR low too which is 1.1475.

The Analysis has been done with the CAMMACD.Core and Sit Systems

Published by

Nenad Kerkez

Nenad Kerkez is an analyst and trader who has been in the market since 2008 and works closely with Admiral Markets as their Senior Lecturer and Market Analyst. Nenad covers over 25 currencies on an intraday basis and has a Masters in economics. He also developed CAMMACD TM, a proprietary trading and analysis strategy wit ever powerful pre fact setups that you can read every day. Nenad is also a valuable presenter on various FX EXPO shows, where he always presents new and interesting ways how to trade price action and protect your own investments. Further, he is the co-founder and head of Elite Currensea Trading, an educational website for currency traders.