Euro / U.S. DollarShort
EURUSD: Detailed Analysis & Outlook For Next Week 🇪🇺🇺🇸
Hey traders,
EURUSD is trading in a strong bearish trend.
The price action perfectly respects the boundaries of a major falling parallel channel.
Next week, pay close attention to a confluence zone based on the resistance of the channel and 1.01 - 1.014 horizontal supply zone.
I will look for trend-following opportunities from there.
Alternatively, if you want to buy the pair, the closest strong support that I see so far is the support line of the channel.
I will wait for the test of that to buy.
Have a great weekend!
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.