ForexTrendline

Important resistance in EURUSD

FX_IDC:EURUSD   Euro / U.S. Dollar
The rise in EURUSD continues and we are now very close to 1.1274.

This is an important resistance level and we will watch how the price reacts when it is reached.

There are no opportunities for new entries here this week.

Today at 15:30 there is USD news that may have an impact!

The resistance level along with the news is a good time to initiate a correction.

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