Near Term Trend: Positive
Fridays Close: 1.09278 (+ .00679)
UPDATE: The euro / US Dollar cross has been on a nice run since it first appeared that Macron would win the French election. Only late last week did we see any semblance of a pullback starting.
I view the EURUSD as being in a counter-trend pullback with a downside target range of 1.084 to 1.075. I would love to buy EURUSD or proxies as close to 1.075 as possible with stops in place on daily closes below 1.074 and with an upside target of 1.118 no typo there.