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Euro / U.S. Dollar
Short

EURUSD: Market Breakdown & Technical Outlook 🇪🇺🇺🇸

By VasilyTrader
Updated
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Hey traders,

Fundamental made EURUSD grow sharply on Friday.
With +0,5% net gain, the price reached a peculiar zone of confluence:

We have a perfect match between a horizontal daily structure resistance - 1.18 - 1.185
and the resistance line of an expanding wedge pattern.

At the beginning of next week, I will expect a pullback from the underlined zone.
Intraday goals will be 1.1775 / 1.176

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Note
Check my new idea on GBPJPY:
GBPJPY: Very Bearish Outlook 🇬🇧🇯🇵
dollarEUReuroEURUSDForexSupport and ResistanceTechnical AnalysisTrend LinesDJ FXCM IndexWedge
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