Consolidating Thursday presents us with EUR/USD

Hello Traders,

Let’s hit our charts and see what Thursday has for us

 

 

1. EUR/USD

EUR/USD is currently resting on a key support level (1.12606)

We will need a good confirmation to know if price will be bullish or bearish before the close of the trading week.

A bullish confirmation should take price back to resistance level 1.14111 and if a bearish breakout happens, we should see price pulled down by the bears to support level 1.11114.

 

Do have a pip-full day ahead.

 

 

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *

error

Enjoy this blog? Please spread the word :)