EURUSD complete home pillar? or exit from the pipe?
EURUSD complete home pillar? or exit from the pipe?
This pair is currently facing uptrend resistance line still holding support above MA 20 and 50 trading above daily pivot point 1.1649, however keeping FED interest rates tomorrow pair may test the upper resistance and form the double top before falling or may break the resistance and continue going up, dollar has been weak globally and taking huge hit lately, will have to see what big fish will do this to pair in US session before we take any decisions yet.!
This pair is currently facing uptrend resistance line still holding support above MA 20 and 50 trading above daily pivot point 1.1649, however keeping FED interest rates tomorrow pair may test the upper resistance and form the double top before falling or may break the resistance and continue going up, dollar has been weak globally and taking huge hit lately, will have to see what big fish will do this to pair in US session before we take any decisions yet.!