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EURUSD has finally closed a daily candlestick above the tenkan-sen indicator. Our next bounce target is at 1.0947 where we find the downward sloping kijun-sen. Price could even reach 111 if bulls are strong enough.
EURUSD is crossing the tenkan-sen. Next bounce target is the kijun-sen. If that breaks also, then we should be prepared to see price challenge the Kumo. At this point what I see as most probable scenario, is that price reaches close to the kijun-sen (yellow line indicator) and fails to break it, leading to new lows.¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.