FX.co ★ EUR/USD
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EUR/USD
Hello traders, It is worth noting that the EURUSD pair is still experiencing an upward movement. Yesterday, once again, we reached new highs and approached 1.1830. However, then the price started to decline and continued until the end of the day, followed by a new rise. Personally, I thought we would see a pin by now. Currently, there are no clear immediate targets from either side, but a good pullback or even a drop is needed. Of course, it all still depends on the demand for the dollar, which has been weakening. Today we have the ADP data before the NFP, so it should be interesting. In general, I am still not considering buying from these price levels. However, I do not rule out the possibility that we might go above 1.1830, where I will consider selling.