EurUsd can rise to 1.15 zone

2022年1月12日

As I said yesterday, EurUsd is trading in a range for almost 2 months and is about time to do something.
Technically speaking the pair is trading an ascending triangle and, although the up trend line is not very steep, the message is the same: we can expect an up move.
Confirmation for this comes with a break above 1.14 zone resistance and this could lead to an acceleration to the next important resistance around 1.15