FX.co ★ EUR/USD

EUR/USD Hello traders! EUR/USD on the M30 chart - 30 minutes. Currently, the market has formed a favorable situation for price movement to the north from the key level of 1.190219. The nearest targets are 1) 1.192233, target 2) 1.193113. This level acts as the first significant resistance, where price consolidation is possible. The second set of targets are target 1) 1.195777, target 2) 1.196635. This level represents a deeper resistance level where the price may head in case of a strong upward impulse development. The scenario suggests a high probability to the north, especially if EUR/USD can hold above the level of 1.190219. If the scenario unfolds, the price may reach the nearest targets, 1.192233, 1.193113. I recommend keeping an eye on additional analysis and taking into account the release of important economic news that may impact price movement. Wishing everyone successful trading!