ForexTrendline

The pullback has started. Where will EURUSD go next?

FX_IDC:EURUSD   Euro / Dollar AS
We've been waiting for a pullback on EURUSD for a whole week now.
Now, we've got an upside move which breaks above previous high.

This move should continue throughout today and we should see price at least at 1,0950.

In ideal world, EURUSD will reach the resistance in our zone at 1,1040 and it will then reverse.

Short-term opportunities would be buys inside of this pullback.

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