EURUSD: Your Trading Plan For Next Week: 🇪🇺🇺🇸
Updated
Hey traders,
After a sharp bearish move, EURUSD reached a key level.
Then for many days, the pair is consolidating.
For now, buyers faced a major falling trend line that recently was broken to the downside.
Now it turned into resistance and we saw two nice pullbacks from that.
Next week look for its bullish breakout.
You need a daily candle close above that to confirm the violation.
Then the pair will most likely go to the next major trend line.
In case of a bearish breakout of a blue zone,
a bearish rally will be expected.
Good luck next week!
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