Hello, Traders! EUR-USD is surging, defying all the technical analysis Which means that it is going up on fundamentals However, no tree grows to the sky And the next resistance is ahead of us I begins on 1.22222 with the high being 1.25211 I expect the growth of the Euro to Stop on this level At least for some time And that will give us a ton of great reversal trades!
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You think it really will grow up until that level without retracements? That would be rather crazzy and exhausting. Maybe wait for some retracement and go long then? But I am no expert - but that would be close to highest rally in history?