EurUsd could revisit 1.18 zone

12 มี.ค. 2021

In yesterday's comment, I said that EurUsd is approaching a strong resistance and sell zone
The pair has risen close to 1.2 psychological zone, just to reverse pretty sharp.
Now the single currency is trading in small confluence support and one we have a break here 1.19 is the target
With DXY reversing from support, in the medium term I see EurUsd dropping to 1.18 zone.

Best Regards!
Mihai Iacob