FX.co ★ EUR/USD
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EUR/USD
What a beautiful start to the week! Hello everyone. What interesting points can be noted regarding this pair? What are the expectations for options? At the bottom, the support level for options is 1.15987, with a decent volume, slightly worrying about further decline. Although the downside target is around 1.15266, I will be ready to consider buying here. I am not considering selling at current prices. If there is a pullback to the range of 1.17136–1.17250, I will look into selling there. This range is interesting due to the volume in options and the balance of the current futures, indicating selling pressure. A price breakout above the level of 1.17136–1.17250 will confirm a bullish sentiment, then after a pullback, it will be possible to enter long positions. For now, the priority remains with selling, but a higher pullback is needed to enter short positions. Good luck!