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FX.co ★ berta.hill | EUR/USD

EUR/USD

EUR/USD

It is worth noting that nothing has really changed for the EURUSD pair, as we continue to trade within the same range. Yesterday, there was an attempt to grow initially, but we did not go for new highs, so the false breakout at 1.1790 remains. Then there was a decent drop on the American session, leaving a pin on the daily charts, indicating a short initiative. Of course, now we would like to see a more significant pullback. Much depends on the demand for the dollar and how the buck will trade further, as we have news. In general, I am looking south and focusing on a short initiative. Therefore, if we climb above 1.1761 again, I will sell there.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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