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FTMO
Jul 30, 2020 7:07 AM

EUR/USD Market Analysis 

Euro Fx/U.S. DollarFXCM

Description

Euro has been on a strong rally in the last couple of weeks.

Currently, we are in the area of significant resistance and because of that, we might expect some sort of pullback soon.

On the other during the bearish trend of 2018 price moved swiftly lower and wasn't able to build any value, because of that if we break above the current resistance level, we can expect another fast-paced move to the upside.

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