As we can see the eur seems to be the strongest against the usd, we can also suport this because it is on a uptrend therefore we should be buying as long as it doesnt break structure in this case valid structure to be consider for a change in trend and start selling is the (1.1860) this level is key .On the otherhand the high of past friday (1.1930) is consider key resistence for keeping an upward trend..therefore if broken is consider to keep buying.
In the chart we can see that it reacted to the level 1.1860 multipletimes rebounding maxing this level extremely important..supporting this analysis with the fibretracement it reacted to 100% pullback which with the fib.extension we can tell eur/usd next target is 1.1945.
In the chart we can see that it reacted to the level 1.1860 multipletimes rebounding maxing this level extremely important..supporting this analysis with the fibretracement it reacted to 100% pullback which with the fib.extension we can tell eur/usd next target is 1.1945.