Euro / DollaroLong
EURUSD Target raised to 1.08350.
Last week's target on EURUSD is achieved. Using the Pitchfork tool, we see the zone the price currently trades in.
That gives a direct 1.08350 Target on Fibonacci 0.618.
The 4hour RSI is slightly under the overbough limit so we can't rule out a pullback to the 4hour MA50 and the bottom of the Pitchfork first, but the 1.08350 Target remains.
Previous chart:
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That gives a direct 1.08350 Target on Fibonacci 0.618.
The 4hour RSI is slightly under the overbough limit so we can't rule out a pullback to the 4hour MA50 and the bottom of the Pitchfork first, but the 1.08350 Target remains.
Previous chart:
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