the eur/usd pair has two scenarios for today.

The pair may jump towards 1.1550-1.1600 and start a downward correction to 1.1280-1.1330. There we will monitor the pair for buy orders.

On the other hand, the pair may drop to the area of 1.1280-1.1330 and seek for entry points for buy orders to push the pair towards 1.1550-1.1600 where the weekly boundary is with active trading, the boundary of the new monthly option contract, spot volumes and large traded volumes.

In the range of 1.1280-1.1330, we have horizontal volumes of the contract, the weekly control zone from the current high, a strong sellers' break-down zone, and horizontal volumes of the growth.

No matter how the pair is trading, I think that it may reach 1.1357 this week for sure.

Re: The EUR/USD pair has two scenarios for today.

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Re: The EUR/USD pair has two scenarios for today.

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