EURUSD, “Euro vs US Dollar”
The EURUSD pair has exited a consolidation range upwards, considering a further correction towards 1.0881. Once the correction is complete, a new decline wave aiming for 1.0803 could start, followed by a rise towards 1.0840 (testing from below).
Subsequently, the trend is expected to continue towards 1.0764, which is a local target.
Origin: RoboForex