EUR/USD Price Analysis: Bulls eye an extended rally towards monthly targets

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EUR/USD Price Analysis: Bulls eye an extended rally towards monthly targets
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EUR/USD Price Analysis: Bulls eye an extended rally towards monthly targets By ross_burland EURUSD Technical Analysis

The bears will be looking for a restest of the 1.1400 area.The price of EUR/USD is leaving a monthly M-formation which is seen with ease on the line

the, on a lower time frame basis, we can identify some Wycoff methodology characteristics as follows: In the meantime, a sideways period of consolidation would be expected as per the following hourly chart: If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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