The EUR/USD is in retracement mode. Risk-on is dominating the markets now as the Russia-Ukraine situation is not getting worse and negotiations are in progress.
EUR/USD Technical Analysis
The break above W H3 is possible
W H4 is the target.W H3 is interim resistance
The EUR/USD is in retracement mode. Risk-on is dominating the markets now as the Russia-Ukraine situation is not getting worse and negotiations are in progress. At this point I expect a breakout as you can see from my position. If the W H3 breaks we should see the ATR high hit – 1.1050. Buy the dips scenario is holding bears from advancing further. The final target is W H4 1.1090 for the intra-week setup.
Don’t miss a thing! Sign up for a daily update delivered to your inbox
Sign Up
<a href=”https://clicks.pipaffiliates.com/c?m=7670&c=503446″><img src=”https://ads.pipaffiliates.com/i/7670?c=503446″ width=”120″ height=”600″/></a>
Free Forex Signals 
Leave a comment