FX.co ★ EUR/USD

Of course, yesterday was very volatile for the EURUSD pair as well. We managed to grow significantly, which I did not expect. But essentially, everything is logical, because we tested the area around 1.1790, however, we failed to hold above it and it all looks like a false breakout. Still, I don't see any clear immediate targets on either side. And of course, a lot still depends on the demand for the dollar, which is under slight pressure but not showing much activity. In any case, it is important how the dollar will be traded against the Americans, as there will also be statistics. Nevertheless, I am not considering buying at the moment. I will be focusing on the false breakout at 1.1790, so only looking for selling opportunities.