Current analysis of the euro-dollar; has the retest ended?

Hello everyone. Good evening.

I am Akihiko Kobata.

Today we will talk about EUR/USD.

“EUR/USD that showed a rebound this week after breaking the near-term green resistance line and the black horizontal line at key levels.

Thanks to the pullback, the oscillator gained room to rise, but upward volatility has peaked.

With long-term highs in sight, movements from here may be difficult.

As scenarios,

・A pattern where it cannot break the high and falls back, forming a wide-range or consolidation

・Approaches the high, then moves sideways, and gradually breaks out over time

・Immediately breaks through, tests, and is supported to move higher

・Or two patterns where it cannot be sustained and does not advance

I would like to anticipate about four possibilities and observe the future flow to plan a strategy. Personally, I have closed long positions and currently have no position.

To avoid riding the Friday rally before the weekend, I plan to reduce the time frame from the start of next week and look for entry opportunities.”

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