YourLazyTrader

EURUSD breaks resistance but lacks follow-through

FX:EURUSD   Euro / U.S. Dollar
EURUSD broke the key 1.1910 resistance level yesterday but lacks any follow-through. It's possible that EURUSD is currently consolidating before the next move.
However, if we get a bearish candlestick that closes below 1.19 then we will likely have a deeper pullback towards 1.1750.

The next few hours will probably make it clear whether we can get a bearish candlestick that closes below the key 1.1900 level.




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