Friday, November 22, 2024

EUR/USD went up more, but still moving between the ranges
1 mins well spent

EUR/USD Analysis : 

EUR/USD went up around +1000 points (+100 pips) today.

But the market is still moving between the ranges.

However, EURO market is more stronger in all EUR pairs and EUR/USD is strongly moving in an uptrend after the breakout happens at the top level in daily chart.

eur usd forex signal waiting for breakout at the resistance trend
eur usd forex signal

eurusd daily chart breakout at the resistance zone

We can expect some retracements on EUR/USD before moving up again to reach next high.

If you know, how to deal with the trend ranges, then you can place a trade depend on this analysis.

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