Risk on to take a boost after some Optimism over the weekend. Eurusd currently sitting in a Bullish Pennant above the 200ema forming a triple bottom. To start the Volatility this week German Manufacturing Pmi will be released expected to contract at the same pace (45.4) , Euro Unemployment rate and Manufacturing expected to remain the same also. Upside targets are $1.1395(Weekly 50ema/61.8% retracement) - $1.1410(Last week high) - $1.1450 (Right below weekly 80 rsi/76.4% retracement.
Kommentar:
Also $1.1450 right below 20ema Monthly ($1.1452)
