EUR/USD has had a period of dynamic growth but in broader view it remains bearish. At the H4 chart we can see that the price reached the resistance determined by previous lows and in the area of a line drawn on earlier peaks. In this region increases are slowing down   and candles with longer, upper shadow begin to appear. It seems that on this level may occur at least a correction of the last growths.1-4-696x270

On daily chart we can see that in recent months, growth movements have similar ranges, in example – the increases comparable with the current usually were followed by corrective movement. It seems that the current increases as for bearish sentiment are already quite large. Two key places at which we could expect falls is in this current resistance test at 1.1120, and then above the line of the bearish line.2-5-696x271

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