Important levels on EURUSD

122
EURUSD holds above 1,0800 without being able to break above the resistance.

The risk to reward ratio is still not good enough for us to look for entries right now.

Watch out for another test of 1,0850 and whether there will be a breakout.

A pullback would probably give us another entry opportunity.

Also, in case of a breakout, we will be looking for another re-test and potentially an entry again.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.