After the dollar has climbed for the past 3 weeks, the price has started to drop from a high since the beginning of this trading week.
EURUSD has managed to close above a 1-week range yesterday and that signals for the price to climb further with the dollar starting to drop.
Therefore, we can look for intraday buying opportunity should the price pulls back, which in this case, the neckline around 1.1240.
EURUSD has managed to close above a 1-week range yesterday and that signals for the price to climb further with the dollar starting to drop.
Therefore, we can look for intraday buying opportunity should the price pulls back, which in this case, the neckline around 1.1240.
