- Bullish symmetrical breakout on the daily chart suggests an erratic corrective move to 23.6% Fibo of 0.8343 has ended and the pair could head higher to post Brexit day high of 0.8627 levels.
- A bullish move today would also push daily MACD back above zero level, which may further add to bullish tone around EUR.
- On the lower side, only a day end closing below 23.6% Fibo would suggest bullish invalidation.