FX.co ★ bridget.franecki | TST as the Foundation for Medium-term Trading

So what do we have here on the morning of today? On eur/usd we have levels without a mandatory zone, which weakens the positions of buyers slightly, and it is very likely that today we will see movement according to a scenario of a red color. At least towards the lower channel boundary at 1.1729. But if we break out upwards from the lower boundary to a new high around 1.1800 and above, it will be important for bears like me to return back, even if not to the place of departure where we are now, but as low as possible, and then we can expect a more confident decline.