Euro / U.S. Dollar

A potential move to 1,1400 on EURUSD

1 107
The move that we had yesterday indicates for a possible move up to the sell zone that we have at 1,1420-1,1540.

We looked at the H4 timeframe and we pointed out the exact levels at which we expect EURUSD.

EURUSD expectations for this week


Then, after the analysis on H1 there was a drop which couldn't manage to break below the previous lows and price quickly recovered.

This is an even stronger confirmation that there should be another push up and price reaching that zone.
Throughout today, you could look for short-term sells and if you're looking for more of a long-term trades then you'll have to wait.

Tomorrow, we will go through this instrument again and see what has happened with price action.

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