Prend

EUR/USD Breakout - Buy + Brexit Deal

Long
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


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.