EUR/USD, hard work for the bulls!
EUR/USD is trying to brake 1.0900/30 resistance, but near that level on the way up, another is waiting at 1.0950/65 as well. This is not easy to pass true here at EUR/USD. Sellers are ready on every stronger move up, it’ want be easy to catch previous strong resistance at 1.1030/50. Bulls are looking strong and if they manage to brake this two resistances, my view is that level 1.1030/50 will be broken too. If the pair retreet back, 1.0850 could be the first support, 1.0780/800 the second one.
especially after tomorrow’s Q1-GDP data 🙂
LikeLiked by 1 person