EURUSD | Perspective for the new week | Follow-up detailsThis is a follow-up detail to my previous analysis where we close the week on a profitable note (see the link below for reference purposes). The US CPI weighs on the US Dollar as the EURUSD surged with about a 4% gain to close the week on a bullish tone; However, in addition to the high-priority event coming up in the new week (stated in the video), it is worth noting that price is at a critical zone (around the $1.03750 area) as it edge towards the major bearish trend line that has been guiding bearish momentum in the last 18 months. Are we going to be seeing a breakout of this trendline or is there going to be selling pressure below this trendline to incite another crash? Stay tuned in as we navigate this together in the new week.
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