EUR/USD Retracement to 1.15-1.16 before Bullish Trend Continues to 1.1750-1.20

July 24, 2017 09:30

The EUR/USD is showing strong bullish momentum with an excellent trend angle. However, price seems to be ready to make a retracement first before moving towards the targets. The USD/JPY is also in a bearish momentum and is aiming for 109-110 whereas the GBP/USD needs to break the S&R levels.