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EUR/USD eyes further gains

STO

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EUR/USD is currently sitting on the 61.8% reversion of the post Trump-election sell-off and a break above here paves the way for a retest of highs from earlier in the month close to the psychological 1.1000 level.

GBP/USD is maintaining the up-trend that has been in play for the last two months, with the next targets being the psychological 1.3000 then the 38.2% retracement of the post Brexit-vote sell-off around 1.3125.

This article comprises the personal view and opinion of the STO Investment Research Desk and at no time should be construed as Investment Advice

STO Review

Source: https://www.stofs.com/en/newsroom/entry/TECHNICAL/eurusd-eyes-further-gains/?camp=24219
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