Prend
Long

EUR/USD Breakout - Buy + Brexit Deal

FX:EURUSD   Euro / U.S. Dollar
Good Evening Dear Traders

I'm expecting a rise from now on for the EUR/USD .
As you can see on my chart, i think there will be a breakout from the resistance up to long.
Also the UK made a deal with the EU for the Future relationship betwen the UK and the EU.
I think this is a good sign after a long time, not knowing how the deal between the EU and the UK will end.
This could be a rise till 1.1420, which in my opinion, is the strongest resistance.
The Brexit Deal & Italy were the main Reasions, why the EURUSD fell the last months.
Now i see a problem less für the Euro but attention, tomorrow at 15:00 (CET) ECB President Draghi will give a speak.
Also looking forward for this week, the G20 Meeting. Expecting Trump and XI to talk about the futur of these two countries.
It could have a big impact on the US-Dollar.

Resistance: 1.1360 / 1.1380 / 1.1400
Support: 1.1320 / 1.1300 / 1.1260

Comments

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