EUR/USD: Clear way for a move to the 1.2130 level – Credit Suisse
newscatcher
2021-04-20 09:30
EUR/USD: Clear way for a move to the 1.2130 level – Credit Suisse
EUR/USD maintains its break above 1.1990/97 and large bullish 'outside day' and analysts at Credit Suisse look for further strength to 1.2103/13, with scope for the potential downtrend from early January, today seen at 1.2130. 'EUR/USD maintains its break above key resistance from its 55-day average and mid-March highs at 1.1992/97 completing a large bullish ‘outside day' in the process and this suggests a more important low has indeed been established near the 1.1695 key retracement support/target (38.

https://www.fxstreet.com/news/eur-usd-clear-way-for-a-move-to-the-12130-level-credit-suisse-202104200922

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