In our past analysis, we correctly forecasted that EURUSD will start a bearish move that would act as a consolidation for the Daily uptrend.
For this week, we expect the price to hit the support level. After that, there is a big possibility that the pair will start a bullish move and make a new top, but that doesn’t mean the price won’t break the support before gaining bullish momentum.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
For this week, we expect the price to hit the support level. After that, there is a big possibility that the pair will start a bullish move and make a new top, but that doesn’t mean the price won’t break the support before gaining bullish momentum.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
