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Narzędzia
As you can see from the chart above, the situation has not changed in general for the third day - the EURUSD rate is consolidating under the resistance of 1.1080 - despite a slight decrease on Wednesday, while an attempt to go higher seems more likely.
The reason for the stagnation is an incomprehensible situation in the market as a whole. The US market has reached new highs - historic ones, and it is increasingly difficult to stay at these heights. Savvy investors are sitting in money/bonds - and are waiting for a good downward correction. However, other experienced ones - large funds - want to show beautiful numbers in the reports at the end of the year - and continue to drive the market up. A difficult situation.
As I said earlier, it is quite possible that you will have to wait until December 11-12 for a strong movement/trend.
Current situation: EURUSD.
We buy at the breakout of 1.1080.
We sell from 1.0985.
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