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EURUSD breakout

Warren's Trading Titans
warren



Yesterday, we witnessed the much-anticipated breakout in the EUR/USD currency pair.

This shift in the trend has been validated as it surpassed the previous high point.

The price precisely hit the 100% Fibonacci expansion level at 1.0687.

We anticipate the upward momentum to persist, targeting the subsequent resistance level at 1.0726.

If you have buy positions, consider reducing your risk and keep an eye on forthcoming resistance thresholds.

The noteworthy event of the week is set for Thursday.

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Last updated: 10/24/2023 06:22

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