EUR/USD is exploding today as a result of TVC:DXY plunging hard. Fundamentally speaking , concerning is the fact of Euro-Zone's Recession . TA speaking, EUR/USD is about to be put on stop of it's impulsive price sky-rocketing due to approaching Resistances such as ;
-8HR* OB -Macro Broken Trendline which was firstly support but now found as Resistance.
If you're in a long, it would be a good move of taking some profits before price reaching at resistances targets. If you are looking for Buy, you should be very careful . In case you are looking to Sell EUR/USD, its best to remain patient and anticipate resistances conflicting with Price Action .
TRADE SAFE
*** NOTE that this is not Financial Advice ! Please do your own research and consult your Financial Advisor before partaking on any trading activity based solely on this Idea .