EUR/USD Today Bullish Target 1.3247

EUR/USD Today Bullish Target 1.3247

Indicators :

– RSI Period 14 with 30 level as oversold and 70 level as overbought.

– The 4X1, 2X1, 1X1, 1X2 and 1X4 Gann Angels.

– Gann’s Price&Timing Study.

– Simple Moving Average 50 Period (Blue), 100 Period (Red) and 200 Period (Green) on the chart.

The Euro intraday still moving above 50SMA, Elliott Wave structure show up wave 4 correction to wave 5 forming. RSI indicate in bullish mode, the declines today above 40 level as bullish mode support.

Gann price&timing deteminated normal bullish direction.

At least bullish target today is pivot 3 at 1.3188.

Alternative scenario, the broke below 1.3103 pivot bring the market downward testing 1.3083 and 1.3070 as support.