
We have outlooked several promising Forex pairs and the result can surprise you!
Don’t waste your time – keep track of how NFP affects the US dollar!
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EUR/USD ran into a bunch of resistance levels between 1.1375 and 1.1420. On D1, there are two pinbar candlesticks with long upper wicks. This is a sign that traders are actively selling the euro on its attempts to recover. There’s nothing overly surprising in that: the single currency awaits the ECB meeting on Thursday and dovish comments are expected from the regulator’s head Mario Draghi.
The pair closed this week's bullish gap very fast. The dip below 1.1330 will make it vulnerable for the decline to 1.1305 and 1.1275. The short-term resistance is located at 1.1350.
We have outlooked several promising Forex pairs and the result can surprise you!
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