EUR USD Talks July 26
I would consider the testing of level EMA100 resistance area, further breakout and the completion of the correction, which is shown on the MACD as an upward and creates a divergence.
Resistance levels 1.18800, 1.18950, 1.19750
The strong support area at 1.1750 has already been tested several times in July and a breakout of it would mean a fall to the March low of 1.1700
You can accept the possible risks of falling and testing support now and enter the market, or wait for a more confident signal after breaking through the resistance.
