EURUSD consolidating in the upcoming week
Traders!
We finally broke resistance and had a good move up, we reached the 1.272 Retracement today.
We might reach the 1.414 Retracement but this really depends how bullish/bearish NA trades today.
No matter what we'll see a small consolidation to retest prior high. The 55 EMA lines up perfectly with the 0.382 retracement so I'm expecting a bounce from there.
I am going to update this TA if we hit the 1.414 Retracement and everyday this week.
Good luck with your trades. S.
We finally broke resistance and had a good move up, we reached the 1.272 Retracement today.
We might reach the 1.414 Retracement but this really depends how bullish/bearish NA trades today.
No matter what we'll see a small consolidation to retest prior high. The 55 EMA lines up perfectly with the 0.382 retracement so I'm expecting a bounce from there.
I am going to update this TA if we hit the 1.414 Retracement and everyday this week.
Good luck with your trades. S.
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