EUR/USD - 1H - Technical analysis
The bullish trend is currently very strong on EUR/USD. As long as the price remains above the support at 1.0965 USD, you could try to benefit from the boom. The first bullish objective is located at 1.1031 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.1069 USD as an objective. Crossing it would then enable buyers to target 1.1230 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
that's my opinion
thank you
that's my opinion
thank you
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