With US Dollar weakness at FOMC today, the Daily Chart below gives four bullish targets for the upcoming couple weeks.

EURUSDDailyTarget #1) Highs at 1.13779

Target #2) +21.4% Beyond Target #1 at 1.15634

Target #3) +38.2% Beyond Target #1 at 1.17069

Target #4) +61.8% Beyond Target #1 at 1.19076

Note: There is possible resistance at 1.12589 at the 4 Hour 78.6 Fibonacci Retracement Level on the way up to Target Number One.


Kind Regards,

Tyler Lund

US Dollar Analyst, FOREX.TODAY

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.