FX.co ★ EUR/USD

Hello traders and may you have a profitable trading week! Regarding the EURUSD pair, there have been no surprises in the opening, and we continue to consolidate above the support level, which has now risen even higher and is currently holding at 1.1710, exerting upward pressure on the price. Therefore, if we do not see the price closing below the 1.1710 support level by the end of the hour, which I consider unlikely, my expectation for the EURUSD pair is for the price to continue rising from the current level of 1.1731 towards the resistance level at 1.1825.