FX.co ★ EUR/USD

The situation with the pair EURUSD remains very complicated for me. Yesterday everything went not according to plan, as I wanted to see growth, but only within a pullback. Instead, we hit new highs of the previous day and closed at Friday's highs, which certainly indicates pressure to the upside. Although it can be said that the false breakout of 1.1790 still holds. On the other hand, it may not last long, but there are still no clear immediate targets on either side, including to the upside. Of course, it is important how the dollar will be traded further, as yesterday the dollar was under pressure. But next week, inflation data is coming out in the states. In general, I am still not considering buying. While the false breakout of 1.1790 holds, I do not exclude the possibility that we may climb above 1.1825, and then I will also be looking at selling.