Daily Market Analysis by Forexmart

amittimothy

Junior member
10 0
EURUSD - We look to Buy a break of 1.1190

EURUSD - The selloff has posted a correction count on the daily chart. Daily Ichimoku Cloud base acted as support yesterday. Buying posted in Asia. The 161.8% Fibonacci extension is located at 1.1188 from 1.1229 to 1.1165. There is no clear indication that the upward move is coming to an end. A break of 1.1190 is needed to confirm follow through bullish momentum. Our profit targets will be 1.1242 and 1.1267.
 

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