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Dears,
EURUSD still climbing up and up, and bears becoming unpacient, but bulls still alive , and logical question where is the roof? Fairlly speaking seems roof is not built and pair can go up till Fundamentals will start show US economy strengh and EUR zone weakness, as seems other factors are not anymore afecting much the market . It is logical to expect resistance levels of former highs, but current trend do not show signs of respect to them . Still we are in range of consolidation, as highs from last year 24 aug (1.17139 ) is still far , but with current speed of rise can be few days deal. Therefore as much bearish willingness to be , bulls is very alive and bears must patientlly wait wake up after winter.
Good luck with trades!
EURUSD still climbing up and up, and bears becoming unpacient, but bulls still alive , and logical question where is the roof? Fairlly speaking seems roof is not built and pair can go up till Fundamentals will start show US economy strengh and EUR zone weakness, as seems other factors are not anymore afecting much the market . It is logical to expect resistance levels of former highs, but current trend do not show signs of respect to them . Still we are in range of consolidation, as highs from last year 24 aug (1.17139 ) is still far , but with current speed of rise can be few days deal. Therefore as much bearish willingness to be , bulls is very alive and bears must patientlly wait wake up after winter.
Good luck with trades!
