FX.co ★ EUR/USD

The EUR/USD currency pair, like other instruments, did not react too strongly to yesterday’s news. Yes, we got a small impulse to the upside, but as expected we consolidated below the resistance level of 1.1557, where there is a fairly high probability of a resumption of the downward move, particularly at the market open on Monday, since we may once again see a gap, assuming anyone at all was able to open positions or actually opened them. The next targets for sellers are the support level at 1.1352 and the liquidity zone near which a large number of buyers’ stops have accumulated, and the market loves to shake out weak hands. Therefore, for me the scenario here is exclusively ready-made, and on Monday it will become clear whether it can be implemented.