EurUsd- Strong resistance ahead

2021年3月11日

Since the recent 1.1830 low, EurUsd has been trading higher and now is steady above 1.19
The rise looks corrective though and the single currency seems is not having power.
Bulls should be careful because above 1.1950 EurUsd enters a strong resistance zone and a new drop and challenge of 1.18 is not out of the question.
Sell rallies in that zone can be a good idea with a great R:R