The EUR/USD pair broke higher during the course of the day, clearing the 1.15 level. By doing so, this market looks like it’s ready to continue going
The EUR/USD pair broke higher during the course of the day, clearing the 1.15 level. By doing so, this market looks like it’s ready to continue going higher and that the Euro is going to break out. We believe that pullbacks will be buying opportunities, on signs of support of course. We believe that the market is going to reach towards the 1.18 handle, as the area was previously so massively supportive on the longer-term. With no interest in selling, it appears of the Euro is going to continue to go much higher.
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.
