BE CAREFUL CHASING EURUSD breakout!
Intraday Update: The EURUSD is breaking higher, HOWEVER, the pair is nearing a triple confluence of the long term 38% retracement, and 127% and 161% extension from the 1.0570-80's. With the intraday RSI's reaching overbought, there is a risk of a reversal at those levels.
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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.