Euro / U.S. Dollar
Long

EURUSD: What to expect next week

1 317
snapshot

EURUSD is trading within a narrow falling parallel channel.
most likely the market will keep this tendency until it approaches strong demand zone 1.103-1.105.
My plan is:
1 - Let the market reach the demand zone
2 - Wait for a bullish violation of a channel (candle close above)
3 - Buy with target 1.1115/ stop below the demand zone

good weekend to all of you, guys

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.