FX.co ★ EUR/USD

A possible pullback on this pair is still in play. Therefore, I continue to hold a sell order. Although I am not very pleased with the price action, we do have accumulation near the resistance line and a potential setup for selling pressure. Whether it will materialize or not depends on the price's future behavior. A breakthrough of 1.1770 will allow for a pullback to the uptrend line, and the next steps will depend on how the price reacts to the trendline. A bounce off 1.1770 will trigger further growth.