EUR/USD tracked bullish at 1.1355 and expected to remain bullish peaking at one of depicted key-resistance level.

Dear Traders,

EUR/USD tracked bullish at 1.1355 and expected to remain bullish peaking at one of key-resistance level depicted in chart below.

EUR/USD sloped slightly by several points after rampant bulls reaction following far worse-than-expected US NFP report last weekend. That significantly unsatisfactory US NFP data release signaled further of FED's rate hike.

As side note, investors suggested that FED would likely avoid rate hike due to incoming Brexit Referendum.


Technical Analysis

Consider looking at this graphic to aid your trading decision this day, this graphic is in h4 resolution with Elliot Wave theory to read the upcoming pattern.

EUR/USD