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EURUSD is currently stuck between 2 important daily structures.
Depending on the market movement next week, I see 2 potential scenarios.
Bullish
If the market breaks and closes above a resistance line of a huge
falling wedge pattern on a daily,
a bullish continuation will be anticipated at least to 1.083 level then.
Bearish
If the price violates 1.0724 support, it will be a strong bearish confirmation,
that will push the prices lower, at least to 1.062
Wait for a breakout next week,
it will give you a strong confirmation.
❤️Please, support my work with like, thank you!❤️
EURUSD is currently stuck between 2 important daily structures.
Depending on the market movement next week, I see 2 potential scenarios.
Bullish
If the market breaks and closes above a resistance line of a huge
falling wedge pattern on a daily,
a bullish continuation will be anticipated at least to 1.083 level then.
Bearish
If the price violates 1.0724 support, it will be a strong bearish confirmation,
that will push the prices lower, at least to 1.062
Wait for a breakout next week,
it will give you a strong confirmation.
❤️Please, support my work with like, thank you!❤️
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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.
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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.