EURUSD: What to Look At Next Week 🇪🇺🇺🇸
Updated
Hey traders,
EURUSD is currently stuck between 2 major structures:
from one side we have a confluence zone based on a rising trend line and a horizontal demand zone 1.0245 - 1.0295
from another - major daily supply zone 1.0348 - 1.04085.
To catch the next move, I would suggest waiting for a breakout of one of these zones.
Bullish breakout of a resistance will trigger a bullish continuation at least to 1.048.
Bearish breakout of a confluence zone will push the market to 1.013 level.
For now, stay patient and wait for a breakout.
Good luck next week!
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