EURUSD Although the DXY remains in an upward channel, it is still trading below the 0.786 Fibonacci level. From here, we could see a pullback.. but if it breaks through, EUR/USD may head significantly lower.
EURUSD We closed above half of daily candle what was impulse to go on 1.18 before. Its mean very good information for bulls and long positions. In my opinion in the next week ( if trump will be in silent) 1.155 ( for me 20% chance ) area , impulse for 1.175-1.18 area . If trump will say something about Powell, rate cuts - then even 1.20.