EUR/USD Bulls Want a Breakout Above March 23 High

EUR/USD Bulls Want a Breakout Above March 23 High

 
EUR/USD
-0.54%

  • The EUR/USD is Always In Long and will probably surpass the March 23rd high in the next day or two.
  • The market will also probably test the February 1st buy-the-close bar. This was a good bar for traders to buy, especially if they were willing to scale in lower.
  • This means the market will probably have to reach it at some point soon.
  • The bears still need to develop more selling pressure, or else the best the bears can expect is sideways trading.


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