The H1 chart shows that the pair only experienced a false breakdown below the pivot point of 0.9980, through the previous low, and now above the previous highs.
The weekly R1 (1.0070) is being challenged by EUR/USD, and it may soon reach the important level of 1.00900. If the price can't stay below parity, it might try to continue its upward trend.
Good Luck!
The weekly R1 (1.0070) is being challenged by EUR/USD, and it may soon reach the important level of 1.00900. If the price can't stay below parity, it might try to continue its upward trend.
Good Luck!