Will the EURUSD go back to 1.4050?

I think so, it’s clear that the EURUSD was rejected from an important support level on the long term charts, and on the short term charts it broke through an important resistance level which puts the EURUSD in a bullish market condition:

How far will it go? No one knows for sure, but at least it should reach its resistance level around 1.4050.

As long as the EURUSD trades above 1.3392, I’ll be looking for long opportunities.

Are you also looking for long opportunities?

Trade Safe!

Raul Lopez
Forex Course

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Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .