
It is worth noting that nothing unexpected is happening with the pair EURUSD, as I have previously mentioned that we will be moving upwards. We have already hit the nearest targets around 1.1293, consolidated above 1.13, and the pressure in the northern direction continues. Moreover, our main movement remains upward, and the next targets around 1.1380 are still in place. However, the downside is that we are unable to have a proper pullback, so I am staying out of trades. Nevertheless, the dollar is the one leading the way, as it has once again experienced a significant drop. In general, I am still looking north and will be focusing on the overall long initiative. Therefore, if we do manage to drop below at least 1.12 and especially 1.1155, I will still consider buying.