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EURUSD Forecast – Wait for a Breakout
Euro / U.S. Dollar
EURUSD Forecast – Wait for a Breakout
By Frano_Grgic
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May 7, 2022
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May 7, 2022
Previous EURUSD forecast talked about price making a retrace to $1.06736 and the price retraced, but only to $1.06410.
Thing is that the price is now in the indecision area where we need to wait for a breakout.
Next week we need to wait for the price to break out from this range.
$1.05825 is the first target for the bulls that must be broken and retested to verify the breakout.
ahead
Beyond Technical Analysis
EURUSD
forecast
Trend Analysis
week
Frano_Grgic
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