Could EUR/USD Reach The 1.0800 Level This Week?

Could EUR/USD Reach The 1.0800 Level This Week?

EUR/USD longs at support at 1.0560/40 worked perfectly and so did buying a break above 1.0600 as we hit the 1.0670/80 target, reaching 1.0697. This week we could reach as far as 1.0800. I think the downside should be limited with minor support at 1.0650/40 and strong support at 1.0620/00.

AUD/USD rallied from 7036 targeting 7095/99, with a high for the day just 8 pips from very strong resistance at 7135/55. Shorts need stops above 7175. Minor support at 7050/45, strong support at 7030/20. Longs need stops below 7000. A break lower however targets 6940/30.

NZD/USD broke higher for a buy signal targeting 6490/6500, with a high for the day here. First support at 6420/00 on this dip. Longs need stops below 6385. Longs at 6420/00 target 6470 and 6490. Above 6500, look for 6520/30.