FX.co ★ berta.hill | EUR/USD

EURUSD As expected, the market is in a sideways movement after an active trend. Tomorrow, it may also trade within a short range. On the H1 timeframe, various scenarios can be assumed, but overall the bullish trend is still strong, and prices may rise above the resistance at 1.1265. However, it would be good to first break below yesterday's low at 1.1165. This creates a sideways movement of a significant 100 pips. Nevertheless, there is still uncertainty in the market, so it is important to refuel before exiting the consolidation phase. Different movement scenarios can be considered, but for now, I see a continuation of the sideways trend.