FX.co ★ EUR/USD

It is worth noting that today there haven't been any significant changes for the EURUSD pair, as we continued trading within a range, moving in both directions. However, we are currently decreasing and pressing to the south. Nevertheless, I still believe that we may move lower, although I consider this decrease to be a pullback, as the false breakout at 1.1775 and the long initiative have not disappeared. In general, the dollar itself is not showing any clear direction today and is also moving in both directions. Although we received negative data from the states today, we now need to wait for the inflation data, which will be released tomorrow. Overall, I am still focusing on the false breakout at 1.1775 and the long initiative. Therefore, if we drop to the area of 1.1820-1.18, I will buy there.