Preferred direction: BUY
Comment: Over the past week, buyers have significantly pushed the price up and fixed it at the highs, preventing the instrument from rolling back lower. Most likely, the movement against the dollar would continue for many instruments, and especially for EURUSD. Active trades will definitely resume only on Tuesday, it is on this day that we should expect an approach to the local maximum at the level of 1.10677. This resistance is the only thing preventing the buyer from moving further towards more significant resistance at 1.10677.
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Comment: Over the past week, buyers have significantly pushed the price up and fixed it at the highs, preventing the instrument from rolling back lower. Most likely, the movement against the dollar would continue for many instruments, and especially for EURUSD. Active trades will definitely resume only on Tuesday, it is on this day that we should expect an approach to the local maximum at the level of 1.10677. This resistance is the only thing preventing the buyer from moving further towards more significant resistance at 1.10677.
Thank you for like and share your views!
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