EURUSD

EURUSD Bulls can target 1.0120/50 so long as 1.0000/0.9980 holds. The euro was shaken up initially on the knee-jerk but has not been bent out of shape technically on the 4-hour charts. EUR/USD remains above a key support area of 1.0000. The following illustrates the upside bias so long as this support remains intact for days ahead with a focus on 1.0120 on a breach of 1.0080.