EUR/USD is currently testing the resistance at 1.1120, which coincides with (MA)89 on the four-hour time-frame. A breakout above that level will likely lead to a further move to the upside towards target 1.1160.
The EURUSD on the daily chart continues showing candles with small bodies and relatively long shadows indicating indecision with volatility. Not clear for an entry yet.
victoriajensen:
The EUR/USD tight range continues and so far there is no indication it
will end anytime soon. The pair will likely test 1.1100 again soon.
It is glued to 1.1100 level. Purely psychological level - they are playing with stop loses
GBP/USD couldn't break above the resistance at 1.3480, formed a double top there and then a hanging man candlestick below that level on the four-hour time-frame and naturally started falling. Next target is likely 1.3280.
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The EUR/USD tight range continues and so far there is no indication it will end anytime soon. The pair will likely test 1.1100 again soon.
I think that EUR/USD asset will go down.