EURUSD is consolidating between 1.1700 and 1.1950 for almost a month now. Overall, EURUSD is still in bullish territory. A breakout in either direction could happen very soon.
Aggressive traders can try to sell EURUSD at the previous top near 1.1965 provided there are signs of rejection at the resistance level.
However, if the 1.1965 level breaks strongly then EURUSD will probably reach 1.22 level very soon.
Aggressive traders can try to sell EURUSD at the previous top near 1.1965 provided there are signs of rejection at the resistance level.
However, if the 1.1965 level breaks strongly then EURUSD will probably reach 1.22 level very soon.
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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.