EUR/USD
failed to break below the support at 1.1000 and started moving to the upside.
The fundamentals yesterday gave it the necessary push to break above the
resistance at 1.1130 and the pair continued climbing higher, eventually
reaching the previous high at 1.1213 and climbing even a little higher than
that, but so far the break above that resistance isn’t confirmed. Should
EUR/USD manage to properly break above the 1.1213 we can likely expect it to
continue moving towards the next resistance level, which is visible on the
weekly filter chart and is at 1.1400.
Bullish trend continues.
ReplyDeleteEUR/USD has broke above both 1.1220 and 1.13000
ReplyDelete