EURUSD TO BENEFIT FROM USD WEAKNESS
EURUSD has been holding nicely above the key 1.1300 and with the potential for further USD weakness combined with strong Euro seasonal patterns, a move into the key resistance of 1.1780 could be likely.
Looking at the 4hr timeframe on the right-hand side we have seen a close above the previous significant highs and price is currently testing the moving averages. If we see bullish price action here we can look for the early opportunity long.
Looking at the 4hr timeframe on the right-hand side we have seen a close above the previous significant highs and price is currently testing the moving averages. If we see bullish price action here we can look for the early opportunity long.
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