EURUSD: Detailed Analysis & What to Look at Next Week 🇪🇺🇺🇸
Updated
Hey traders,
For the last 3 weeks, EURUSD remains very weak and indecisive.
The pair is currently trading within the boundaries of a horizontal trading range on a daily.
1.0095 - 1.0112 is its support.
1.02467 - 1.0295 is its resistance.
While the market stays within, consider buying its support and selling its resistance.
Alternatively, consider breakout trading:
Bullish violation of a resistance of the range will trigger a bullish continuation to a falling trend line,
while its bearish breakout will push the market back to 1.0 level.
I will post an update once I see a decent setup next week.
❤️If you have any questions, please, ask me in the comment section.
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Note
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