$EURUSD | Where are the Naysayers

٢٨ يناير ٢٠١٧

EURUSD Seriously folks, the EURUSD chart on the 2 hr time horizon looks amazing. To the point where price action has been steadily following the upward trend line established since the start of the new year. Targeting $1.0786 with a minor pullback downside limit to $1.0661 & $1.0611. The down limit range is contingent upon the price direction of USDJPY taking out $115.44 levels, but failure of breaking above $115.44 will signal continuing strength in EURUSD, and other USD cross pairs : AUDUSD, GBPUSD, CADUSD. I think a weakening USDJPY bodes well for the EURUSD. Get out the popcorn.