Euro / U.S. Dollar
Long

EURUSD: The Price May Rise Further During The Coming Week

1 103
EURUSD: The Price May Rise Further During The Coming Week

Price already broke out from the channel and it should rise more.

The last two daily candles are very bullish and the price is close to the first
resistance area.

The chance is higher that we could see the price to slow down near 1.0400 but it can
also, extend the move up to the second resistance zone near 1.0580 but it has lower chances.

Actually I would like to see the price begin the correction and we can be ready
for the next bullish wave.

Thank you and Good Luck!

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