The price of EURUSD in heading in the direction of 1.1693. Despite the recent breakout through 1.1654 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.
If you’re short EURUSD you should be aware that 1.1654 has just been breached – a level tested 5 time in the past
