It's likely that the price is going to reach the nearest resistance at 1.2851 - 1.2877. This area could be a departure point for a decline...
EUR/USD reached buy target 1.1900
- EUR/USD reached buy target 1.1900
- Next buy target - 1.2100
EUR/USD continues to rise inside the minor impulse wave 5, which earlier broke above the pivotal resistance level 1.1900 (which was set as the buy target in our earlier forecast for this currency pair). The breakout of the resistance level 1.1900 accelerated the active impulse waves 5 and (iii). EUR/USD is expected to rise to next buy target at the next resistance level 1.2100 (target price for the completion of the active impulse wave 5, intersecting with the resistance trendline of the daily up channel from March).
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141…
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…