Hello traders,
As we can see on the chart, the price has been rejected two times already from the Resistance trendline near the 1.10 psychological number and heavy resistance as expected from the yesterday analysis.
What is seen on the chart now is that the price reached a region from where it pushed back up and if it holds above these long wicks the EUR/USD pair could see higher prices and eventually break the 1.10 resistance that hold for so long now.
Please remember that this is not financial advice in any way and it is meant only for educational purposes.
If this helped you in any way feel free to leave a like.
As we can see on the chart, the price has been rejected two times already from the Resistance trendline near the 1.10 psychological number and heavy resistance as expected from the yesterday analysis.
What is seen on the chart now is that the price reached a region from where it pushed back up and if it holds above these long wicks the EUR/USD pair could see higher prices and eventually break the 1.10 resistance that hold for so long now.
Please remember that this is not financial advice in any way and it is meant only for educational purposes.
If this helped you in any way feel free to leave a like.