EURUSD pulled back on Friday as USD gained some strength. However, price is still above the crucial 1.17 level, which is the confluence of the support area and the 100H EMA on the 4H chart.
If EURUSD stays above the 1.17 level, then we can expect a continuation of the uptrend.
However, a break below the 1.17 level will be negative for the buyers.
If EURUSD stays above the 1.17 level, then we can expect a continuation of the uptrend.
However, a break below the 1.17 level will be negative for the buyers.