Hi traders, hope you had a productive week with the developments around Brexit these days.
This post, however, is about EUR/USD. The pair faced buying pressure after reaching a shorter-term support level / completing a pullback to the 1.10 level.
As you know, I've been bullish on the pair these days, and the price hasn't managed to close below the 1.10 mark (check my previous posts for this.)
Positive news around Brexit is also positive for the euro.
Don't forget that, from a technical standpoint, the break above the wedge pattern projects a profit target around the 1.12 level.
Please hit the "LIKE" button if you find any value in this analysis. Thanks!
This post, however, is about EUR/USD. The pair faced buying pressure after reaching a shorter-term support level / completing a pullback to the 1.10 level.
As you know, I've been bullish on the pair these days, and the price hasn't managed to close below the 1.10 mark (check my previous posts for this.)
Positive news around Brexit is also positive for the euro.
Don't forget that, from a technical standpoint, the break above the wedge pattern projects a profit target around the 1.12 level.
Please hit the "LIKE" button if you find any value in this analysis. Thanks!
