EUR/USD Breakout to the Upside Possible

1 min read
Nenad Kerkez

Nenad Kerkez

Head of Trading

Dear traders,

The EUR/USD is at an important level. It will be make it or break it for the pair.

The price is set between important confluence points. Below 1.2151, the EUR/USD will go to 1.2120 and 1.2085. W L3 hasn’t been tested yet so generally I don’t expect it to happen today unless the major news hit the wire. A close above 1.2180 and the pair is gonna test 1.2201, 1.2222 and 1.2234.

The Analysis has been done with the Black Widow system.

Good trading,
Nenad Kerkez

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