FX.co ★ EUR/USD

Hello traders! The EUR/USD pair has reached all of my targets at 1.1700 and 1.1740. I have closed all my long positions at the current levels. My targets have been met. For now, I will observe the pair's movement for a while. If the pair continues to move higher, I will start shifting towards short positions. I am considering a downside movement towards the level of 1.1580 for selling opportunities. The pair is likely to revisit this level multiple times. Consequently, if the pair moves higher, I will add to my short positions. The Eastern showdowns have had their impact and weakened the dollar slightly. However, I believe this is only temporary. I think that this redhead will eventually be removed from power in some way, and the American currency will resume its strengthening.