The EUR-USD cross is in a recovery move after the broad decline of the October-January period.
As the most recent correction move (labeled as B) has ended, there is a high probability to see further bullishness. The first target is in the 1.3390-1.3430 area, followed by the 1.3600 level.
However, the investors are watching closely the Greek debt plan news and this could move the market in either direction. If a correction is to come on the very short term (a few days) the T1 line is presumed to be a good support.
No comments:
Post a Comment