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Forex News EUR/USD: L/Term Game Changer; S/T Loss Of Up-Momentum: Levels & Targets - JP Morgan

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Peter

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JP Morgan FX Technical Strategy Research argues that EUR/USD latest and decisive breaks above key-resistance barriers at 1.1300/16 (pivot/int. 76.4 %) and at 1.1453 (weekly trend)in EUR/USD constituted a long-term game change in favor of a broader recovery to 1.1617 and 1.1712/36 (2016/2015 highs/int. 38.2 %).

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