EURUSD: Important Decision Ahead Next Week ๐Ÿ‡ช๐Ÿ‡บ๐Ÿ‡บ๐Ÿ‡ธ

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Hey traders,

I see a classic bearish accumulation pattern on EURUSD:
the price keeps setting lower highs respecting the same lows.

Such a pattern is called a descending triangle.
It is very bearish pattern and probabilities will be high that the price will try to break its horizontal support.
If the market closes below that on a daily a strong bearish move may initiate to lower structure levels.

Alternatively, bullish violation of a falling trend line will signify a highly probable bullish continuation.

Good luck next week, traders.

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Check my new idea on USDCHF:
USDCHF: Long Signal For Next Week  ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡จ๐Ÿ‡ญ
dollarEURUSDForexSupport and ResistanceTechnical AnalysistradingTrend LinesTriangleUSDDJ FXCM Index

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