FX.co ★ berta.hill | EUR/USD

EURUSD Let's start with the Trezheris on this pair. On one hand, there is a contradiction, as the Trezheris broke down significantly, and at the same time our pair was actively falling during the Asian session. However, if we look at the dollar paired with the price or the franc, everything becomes clear. Speculation on the topic of a missile strike in the Middle East led traders to rush into safe-haven currencies. Now we have already recovered half of the yield decline. Regarding the crowd. Sellers were closing their positions on the decline, with 8k lots sold and only 3k lots added to buys, which caused the pullback from 1.0610, naturally. However, there is not much room for further growth. We have currently hit a local resistance at 1.0640. If we fail to break through, we might head down to test the lows. If we manage to break through, we could start looking for selling opportunities around 1.0670. I believe that by the end of the day, the Trezheris will at least return us to yesterday's levels, so the dollar will show its hand.