The bearish slant on the parity EUR/USD is now brokne. The price is currenlty testing 1.40 as resistance. A break out of this level should allow the price to get back on 1.41. As far as the price is into the range 1.39-1.41, we advise to trade the parity according to the key point at 1.40:
- long if the price is above 1.40 (objective 1.41)
- short if the price is below 1.40 (objective 1.39).
If the price get out of its range, a new buy or sell signal will be given.