EUR/USD Outlook: Bulls Could Extend Towards Key Fibo Barrier at 1.1822 on Clear Break of 1.1600 Zone

<p>The Euro cracked important barriers at 1.1595/1.1600 (50% of 1.2555/1.0635 / round-figure) on Wednesday, as bulls accelerated and extend into fourth straight day. Rally is currently taking a breather and consolidating on overbought hourly / 4hr studies before final break higher. Bulls look for firm break above 1.1600 zone that would spark acceleration towards next […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/313046-eur-usd-outlook-bulls-could-extend-towards-key-fibo-barrier-at-1-1822-on-clear-break-of-1-1600-zone/">EUR/USD Outlook: Bulls Could Extend Towards Key Fibo Barrier at 1.1822 on Clear Break of 1.1600 Zone</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>