EURUSD in the 4 hour chart remains in a bullish trend as price is above the 4 hour Kumo (cloud). Support by the cloud is at 1.2070-1.2050. However as we explained in our last analysis, EURUSD is vulnerable to a pull back and a test of this critical short-term support.
FX.co ★ Ichimoku cloud indicator analysis of EURUSD
Ichimoku cloud indicator analysis of EURUSD
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade