EURUSD chart of the Day

EURUSD is retesting a broken upside resistance

Today we have EURUSD price action on a watch.
EURUSD is retesting a broken upside resistance 1.10000-1.10500 zone. We could see an extension upside from here especially accelerated in the case of breaking above the next resistance 1.125000 level. A daily close below the 1.10300 level is required for an upside scenario invalidation.
ARMAT trading system is neutral
Note – retest of the previous resistance. Look for long trade entries with the stop loss below the 1.04000

 

EURUSD chart of the Day+

 

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