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EURUSD → The bulls can take us to 1.100 ↑

2024-07-15 11:44 FOREX forecast

💡 Ideas For EURUSD 🇪🇺🇺🇸

📈 EURUSD → The bulls can take us to 1.100 ↑

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EURUSD maintains a bullish structure. Ahead is the key resistance from which a pullback may follow before further growth

snapshot

On Saturday, there was high-profile news related to the attack on former US President Trump. The markets expected a more violent reaction from the opening, but in general only a small gap was created and it was dealt with rather quickly. Accordingly, the situation is stable. Fundamentally, everything is positive enough with the aim of continuing growth, but today at 16:30 GMT Powell speaks and it is worth to pay attention to his speech.

Technically, the key resistance at 1.0916 is ahead, from which a pullback may follow, as this strong area will not be broken at the first time.

Resistance levels: 1.0916

Support levels: 1.08522

There is a high probability of a rebound from resistance. As part of the correction, the nearest liquidity area may be tested before the subsequent retest of resistance, breakout and growth to 1.10

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