The price has successfully reached the target zone outlined in my previous forecast. 
EURUSD is currently approaching a weekly resistance level that was last tested in December 2023. Given that this resistance level previously experienced a bearish reversal, we can anticipate a potential short-term pullback or choppy price action in this area. I expect a likely fake breakout above both the channel border and the resistance level, which might result in a short term correction in the market. My goal is the support level around 1.10500
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
EURUSD is currently approaching a weekly resistance level that was last tested in December 2023. Given that this resistance level previously experienced a bearish reversal, we can anticipate a potential short-term pullback or choppy price action in this area. I expect a likely fake breakout above both the channel border and the resistance level, which might result in a short term correction in the market. My goal is the support level around 1.10500Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.