FX.co ★ EUR/USD

Of course, nothing much has changed for the EURUSD pair either, because the main movement is still upward. Yesterday we updated the highs and even reached the next targets around 1.1685, but didn’t stop there and went above 1.17. However, we failed to gain a foothold there yesterday. Today during the Asian session the rise continues and we also reached up to 1.17, but the highs still haven’t been updated. For me there are no clear nearby targets in either direction anymore, and a good pullback is needed, especially since today is the end of the week. Overall, I still do not consider any buys. But if the breakout of 1.1685 remains false, then I will try to sell.