EURUSD: Weekly Forecast 6th February 2022
EURUSD made a strong V-shaped recovery throughout the week, the biggest weekly gain in almost 2 years.
The move also caused a break-above of a 8-month falling trendline, making a stronger case for more upside in the coming weeks.
This week, we expect more correction at the beginning and will be looking for buying opportunities around 1.1380.
The move also caused a break-above of a 8-month falling trendline, making a stronger case for more upside in the coming weeks.
This week, we expect more correction at the beginning and will be looking for buying opportunities around 1.1380.
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