FX.co ★ berta.hill | EUR/USD

The situation with the EURUSD pair remains very interesting, although nothing has changed significantly. There has been a local upward movement, but we have not reached 1.0755 yet. On the other hand, looking at the daily charts, the southern direction remains a priority, especially considering the absorption. Although the targets around 1.0675 have already been removed, everything looks like a false breakout. It is worth noting that the dollar received support after positive news on the indices. The next week is crucial for the euro as there is important data coming from Germany, the Eurozone, and of course the United States. The Federal Reserve will also be in focus. However, I do not rule out the possibility of the price climbing above 1.0755. If there is a false breakout at that level, then I will consider selling.