ForexTrendline

Rise in EURUSD is more likely

FX_IDC:EURUSD   Euro / Dolar A.S.
It's still more likely to see a move up to 1,1200.
We're not looking to buy right now but instead, we will look for selling opportunities above the 1,1200 level.

That's why we're constantly monitoring this pair and waiting for the right moment.
Like we said on Friday, in case of a strong USD we will trade EURUSD and GBPUSD and if we have a weak USD, then we prefer to trade AUDUSD and NZDUSD.

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