EURUSD reached new highs on Friday as expected after previous fall in three waves down to 1.1106 which was identified as a contra-trend move. As such, pair can be running into some final stages of a bigger recovery seen on daily chart, but there is still room for 1.1320-1.1360 area before some bearish reversal may show up this week.
EURUSD, 1H
Get daily and weekly ActionForex analysis and key releases on our Telegram channel.
ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for over a decade. Empowering the individual traders was, is, and will always be our motto going forward.
Contact us: contact@actionforex.com
© ActionForex.com © 2026 All rights reserved.
