Here's how the recently-below-parity EUR/USD could turn to technically bullish

[forex4you]

Here's how the recently-below-parity EUR/USD could turn to technically bullish

<p>EUR/USD has had a few dips under parity but so far has shown resilience from under 1. </p><p>Analysts at Scotiabank have highlighted a close-by topside level to watch for significance in consolidating a bullish technical picture. </p><ul><li>EUR(/USD) ... price dynamics remain positive for the pair, which maintains the strong, short-term uptrend that developed earlier last week</li><li>We see support at 1.0050/55 intraday</li><li>Solid gains above the 1.02 area would be technically bullish from a medium-term point of view</li></ul><p>EUR/USD topped out under 1.02 on Monday, but keep an eye on above there say Scotia:</p>

                This article was written by Eamonn Sheridan at forexlive.com.

Source: Here's how the recently-below-parity EUR/USD could turn to technically bullish

forexlive.com