- April 26, 2021
- Posted by: Analysis Team
- Category: Forex News
- EUR/USD finally surpasses the 1.2100 mark on Monday.
- Next on the upside now emerges the February top at 1.2243.
EUR/USD moves to fresh monthly tops near 1.2120 earlier in the session, easing some ground soon afterwards.
A convincing breakout of the 1.2100 yardstick should expose the continuation of the uptrend and therefore a potential move to the February peaks at 1.2243.
Above the 200-day SMA (1.1923) the stance for EUR/USD is predicted to remain positive.
EUR/USD DAILY CHART