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The EUR / USD is still able to rise, and the targets are higher than the last recorded high


On the hourly chart, we can confirm the positivity of momentum indicators with trading remaining above 50% Fibonacci in an attempt to return above 23.6% Fibonacci as a first target at 1.22017, while the continuation of the bullish trend will confirm the possibility of the pair's return to target the top of 1.22449 once again, provided trading remains above 50% Fibonacci.

Low of 50% Fibonacci retracement will push the pair towards the bottom of the 1.20619 demand area

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