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

Here is eur/usd yesterday and it seems to have reached a new high. Now, it remains to continue growing towards 1.1800 area and possibly a bit higher, and then potentially drop again. Today's levels are not very clear to me, as there is no defined zone, but the fact that the price opened at the lower channel boundary is debatable. Ideally, such an opening should have occurred on a day when the price was around 1.1800. However, I don't consider this situation as a selling signal, so I think we might see further growth today. It's worth noting that these views are from a medium-term perspective.