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EURUSD

INDICATOR: ICHIMOKU KINKO HYO
CHARTS: DAILY AND MONTHLY
Having taken out 2016 November highs at 1.1299, the rally on this pair is strong and likely to continue to 1.2 handle which is the next resistance.
DAILY CHART:
MONTHLY CHART:
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EURUSD TECHNICAL OUTLOOK

INDICATOR: ICHIMOKU
CHART: DAILY AND WEEKLY
Both charts below display a very strong bullish PA. With prices well above the kumo and the tenkan-sen line on a bullish cross which will likely target the 1.15 round number with 1.16 very likely.
WEEKLY CHART:
DAILY CHART:
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EURUSD TECHNICAL OUTLOOK

INDICATOR: ICHIMOKU
CHARTS: DAILY AND WEEKLY
I expect the bullish price action to continue this Q2 up till the 100% extension of the move marked out, that is 1.1135 - 1.1150 handle. With the price above the tenkan sen on the weekly and daily price charts, bears stand a little chance in the grand scheme of things. Moreover, weekly compression signals a temporary correction to the upside.
WEEKLY CHART:
DAILY CHART:
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EURUSD OUTLOOK

INDICATOR: ICHIMOKU
CHART: DAILY AND MONTHLY
The flat cloud support on the chart below suggests a bullish bounce up to 0.075 - 0.076 handle. Also, the price compression on the monthly and the 0.05 handle holding strongly, a bounce is likely.
MONTHLY CHART:
DAILY CHART:
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