JinDao_Tai

Continuation of the EUR/USD?

Long
JinDao_Tai Updated   
FX:EURUSD   Euro / U.S. Dollar
7
Over the past couple of weeks, the EUR/USD has been making higher highs.
This is led to many analysts calling tops... and yet it continues to go higher.
Remember, the trend is your friend.

Therefore, if EUR/USD is unable to break/bounces off the support level of 1.1160, we are likely to see EUR sustain its run and make higher highs towards the 1.13 level.
However, we will need to pay attention to any likely developments in the EURO meetings on monday morning.
Trade closed manually

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