Technical analysis on the H4 Timeframe suggests that we are still on a downtrend but we look for price to break out of the resistance trendline and push towards 14316.5 which will be our first target.
EURUSD TIMEFRAME 2 ANALYSIS
As the market volatility is at an utmost high, we will take the cautious route and wait for clear market direction momentum.
As price broke through the hour four support, and trendline, price looks to fall massively on the technicals this week just look at fundamentals and apply risk management.
