the eur / usd pair is blocked by the resistance of the 1.1200.
in fact, the rebound on friday found resistance around 1.1200, eur / usd back since we opened the meeting.
the pair appears to be moving toward a test zone of the support of the 1.1170 / 60, which is necessary to break down in the direction of the trough to the recent 1.1140 / 30.
if the medium is, we could have a consolidation phase side above the substrate, so that the meeting’s event announcement still in publication.
in fact, the economic agenda of the day is empty, leaving technical thresholds lead pair, and encouraged a consolidation of the pair.
the eur / usd pair 1.1185 is currently on the forex.
the eur / usd graph h1
copyright (c), professeurforex.com. all rights reserved.