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EUR/USD Bound for 1.1360 on a Strong Momentum

Nenad Kerkez

The EUR/USD has formed a CAMMACD.Core Setup exactly on the confluence of support. 1.1260-70. We should see a move up.

The EUR/USD is set to break 1.1300 and proceed above. In my opinion, we should see 1.1312 and possibly 1.1360 if the market keeps the positive bullish momentum. The MH4 is in the confluence with the ATR high which is 1.1312. A move above 1.1312 should be targeting 1.1360 which is the weekly H5 camarilla target.

The Analysis has been done with the CAMMACD.Core and Sit Systems

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This article was originally posted on FX Empire