{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/eur-usd-upside-remains-intact\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/eur-usd-upside-remains-intact\/","headline":"EUR\/USD Upside Remains Intact!","name":"EUR\/USD Upside Remains Intact!","description":"EUR\/USD is bullish and it could resume its upwards movement as the DXY is berish after poor US retail sales data. The pair has decreased a little after reaching the 1.2168 level, today\u2019s high, but the bulls are still in the game. The outlook is bullish after making new highs in the short term. EUR\/USD […]","datePublished":"2021-05-18","dateModified":"2021-05-18","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/olimpiu-tuns\/#Person","name":"Olimpiu Tuns","url":"https:\/\/forexschoolonline.com\/author\/olimpiu-tuns\/","identifier":19876,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2021\/04\/20200303_154346-1.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2021\/04\/20200303_154346-1.png","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2021\/05\/eurusd-fso.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2021\/05\/eurusd-fso.png","height":898,"width":1828},"url":"https:\/\/forexschoolonline.com\/eur-usd-upside-remains-intact\/","about":["EUR\/USD","Trade Idea","Trade Setups"],"wordCount":176,"keywords":["EUR\/USD","EURUSD","Technical Analysis"],"articleBody":"EUR\/USD is bullish and it could resume its upwards movement as the DXY is berish after poor US retail sales data. The pair has decreased a little after reaching the 1.2168 level, today\u2019s high, but the bulls are still in the game.The outlook is bullish after making new highs in the short term. EUR\/USD is located in the buyer’s territory, so more gains are favored.Technical Analysis!EUR\/USD tries to jump higher after retesting the weekly pivot point (1.2125) level. We had a sharp sell-off in the last hours only because the US dollar index has rebounded to retest the weekly pivot.Stabilizing above 1.2150 static resistance could indicate that EUR\/USD may resume its growth towards the 1.2170 resistance zone. Passing and closing above 1.2168 today\u2019s high on the H4 chart may signal a further upwards move towards the weekly R1 (1.2200). Note: ForexSchoolOnline is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results."}