EURUSD is Bullish

18 בינו׳

EURUSD pair has currently broken its bearish trend and following a bullish divergence has formed new higher high, now it is moving back for retracement and is expected to define a new higher low at 0.382 fib retracement level of the current move (also our mentioned entry point). Moreover, DXY is also looking bearish which is a positive sign for Euro. Targets are mentioned on the chart.