From technical analysis, this is an important moment for the euro -.

Despite the absence of important news, the moment is very interesting:

On Friday, the euro broke through the resistance of sellers at a three-month high of 1.1180.

But it couldn't keep up. Thus, this is a false breakdown and now the level of 1.1200 is a long-term maximum. Possibly, until the end of the year and then the euro is way down with a breakout of the bottom of 1.1035.

On the contrary, it is a pullback on the trend and we will see new growth.

So, the level of 1.1200 is of great importance.

You can buy it at current with a stop at 1.1080.

You can buy at a break of 1.1200.

We keep purchases from 1.1035.