- EUR/USD recorded fresh YTD peaks well beyond 1.19 on Tuesday.
- Further upside is now targeting the key barrier at 1.20 the figure.
EUR/USD is looking to consolidate the recent breakout of the key barrier at the 1.19 yardstick, managing to record new peaks around 1.1965 on Tuesday.
That said, a sustainable move beyond this level should shift the attention to the psychological mark at 1.2000, level last traded in early May 2018.
The bullish view on EUR/USD, in the meantime, is expected to remain unchanged as long as the pair trades above the critical 200-day SMA, today at 1.1134.
EUR/USD daily chart
EUR/USD 0001-01-01T00:00:00
0/0 (0%)
H0 L0
| S3 |
S2 |
S1 |
R1 |
R2 |
R3 |
| 1.1775 |
1.1820 |
1.1876 |
1.1976 |
1.2021 |
1.2077 |
| Trend Index |
OB/OS Index |
| StronglyBullish |
Neutral |
