RLinda ! EURUSD-> Resistance Retest. Waiting for a breakthrough

18 Jan 2023

EURUSD continues to consolidate in the range of 1.08669 - 1.07573, the support zone was tested, after which the price again headed for the retest of the limit resistance

The trend remains dominated by the buyers, a fairly confident position on the chart can be interpreted as a possible continuation of growth.
The price is in consolidation, but at the same time there are attempts to break 1.08669, I think that in the near future, under the pressure of dynamic buyers and the strong trend, the bulls will break the resistance

I expect breakdown of 1.08669 and impulse formation. The short-term target is 1.0938, the medium-term target is 1.10500.

Regards R.Linda!