FX.co ★ bridget.franecki | TST as the Foundation for Medium-term Trading

EUR/USD Well, there are levels to consider. Yesterday, levels would have been helpful, but today it's not very clear what to expect. The opening itself at the very top is not conducive to growth, but major players don't seem inclined to push it down either. For the Euro, the opening occurred below the upper boundary, but right from the start of the Asian session, the price moved upwards and now confidently settled above it. Even two corrections have passed, and now I think there will be another upward movement during the European session. Yesterday, the balance and value area remained untouched, and it seems the same is happening today. As for news, the only event today is the 10-year federal bond auction in Germany at 12:30. The American session also seems quite dull in terms of news. Therefore, I believe there won't be any sharp movements today; instead, we will likely continue to rise slowly but steadily. The price needs to surpass the July maximum.