EurUsd- Strong break exposes 1.2180

10 בפבר׳ 2021

As I said in my previous analyzes, the bullish engulfing from Friday is a strong indication that EurUsd would resume its upward movement.
Things worked well this far and yesterday we have a break above confluence resistance which gives me reasons to be very bullish on this pair.
Yesterday's close is above 1.21 and I expect a challenge to 1.2180 this week.
This being said, dips should be bought with this target in mind and only a daily close under 1.2050 (now support) would change my view