EURUSD Forecast 10/07/23 - 14/07/23

Resuming our weekly projections, based on my analysis, I believe we might have a good opportunity to buy at the price around 1.08904. In this case, we've witnessed a strong breakthrough of our downtrend channel, and I anticipate a potential price retracement to the marked region on the chart. (Entry price: 1.08904, risk-reward ratio around 1:2.6, stop: 1.08605, TP: 1.09705).
Supply and DemandTrend Lines

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