EUR/USD Forecast: possible momentum with our target at 1.22033

news_22_feb_4_euro_usdWave Analysis

Euro is currently trading with an increasing with an increasing bullish bias momentum. This is perfectly in tune with the previous forecast, that as long as the price remains above 1.12471, we expect nothing but a possible momentum with our target at 1.22033. The current bullish price rally is the continuation of the impulsive wave (c) to the upperside, and should head straight to the immediate trendline,and in case of a breach above this trendline, then we’ll be looking at the level 1.22033 for a possible long term sell.

Trade Recommendations:

We’re upwards towards 1.22033

We're upwards towards 1.22033

Origin: FreshForex

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