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EURUSD broke out of consoladition zone today as the price was pushed higher towards 1.10 level. All eyes are now on French Election scheduled for Sunday May 7th and analysts expect Macron to win it, as such the sentiment remain bullish towards Euro.
From technical perspective, price made higher high on Daily time frame and the next major resistance zone is around 330 pips away as such I am expecting continuation of bullish trend on this pair in coming weeks.
From technical perspective, price made higher high on Daily time frame and the next major resistance zone is around 330 pips away as such I am expecting continuation of bullish trend on this pair in coming weeks.
