Sherif Fares
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EUR/USD is still around support line 1.11560 which is a strong point for the price breaking this point will push the price further down. But still EUR/USD is moving in a narrow range.
EUR/USD is testing a strong support level 1.11560 for the third day I will wait until I have a confirmation of a break or a rebound.
There's an inverted hammer candlestick on the weekly filter chart above the support at 1.1100 so I think it might move to the upside again.
EUR/USD aimed higher today and broke above the resistance at 1.1230 and 1.1270 after the weak US data, And recently traded above the last resistance, but the eurozone still unstable to keep the pair climbing .