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.