The EUR/USD pair rallied a bit during the week, but we are still struggling to get above the 1.0835 level. Once we get above there, I feel that the market
The EUR/USD pair rallied a bit during the week, but we are still struggling to get above the 1.0835 level. Once we get above there, I feel that the market can go much higher, probably the 1.10 level above. Currently, even if we pull back I don’t have any interest in selling because it looks as if the trend is starting to change to the upside. Ultimately, I believe that the 1.10 level above could be massively resistive. This will be a move that should see quite a bit of volatility, but buyers seem to be in control.
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.
