The EUR/USD pair broke higher during the day on Tuesday, clearing quite a bit of resistance. If we can break above the top of the range for the session on
The EUR/USD pair broke higher during the day on Tuesday, clearing quite a bit of resistance. If we can break above the top of the range for the session on Tuesday, the market should continue to go much higher, perhaps towards the 1.10 level above. This market looks as if it is going to continue to show quite a bit of bullish pressure, so having said that I believe now we have to be bullish of this market in the short term at least, but I think that the 1.10 level will be massively important.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
