FX.co ★ berta.hill | EUR/USD

It is worth noting that for the pair EURUSD, nothing changes in the sense that we are still trading within an ascending movement and currently experiencing growth. Today, we have reached new targets around 1.1293, consolidated above 1.13, and the pressure to the upside continues. There is room for further growth, as the area around 1.1380 is still relevant. However, it is unfortunate that I have not been able to catch a good retracement to enter long positions. The US dollar weakened during the Asian session, and it is crucial to see how the dollar will trade next, as it is currently under pressure. Overall, I am still bullish, but a retracement is needed. Therefore, if we drop below 1.12 and especially 1.1155, I would only consider buying at those levels.