EUR/USD broke key resistance level 1.1710

Read the article on FBS website
  • EUR/USD broke key resistance level 1.1710
  • Next buy target - 1.1850

 EUR/USD recently broke through the key resistance level 1.1710 (which stopped the previous minor impulse wave (i) in June, as can be seen below). The breakout of this resistance level should accelerate the active minor impulse wave 1 – which belongs to the intermediate impulse wave (1) from the end of June. EUR/USD is expected to rise further toward the next buy target at the next resistance level 1.1850 (top of waves (a) and 4).

Share with friends:

Similar

Latest news

Instant opening

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.