Euro / U.S. Dollar
Long

MarketBreakdown | EURUSD, GBPUSD, USDJPY, USDCHF

238
snapshot

Here are the updates & outlook for multiple instruments in my watch list.

1️⃣ #EURUSD weekly time frame 🇪🇺🇺🇸

The pair is unstoppable.
The market violated a significant weekly resistance cluster last week.
It opens more growth potential after a pullback.

2️⃣ #GBPUSD weekly time frame 🇬🇧🇺🇸


In comparison to EURUSD, GBPUSD is now approaching a major
resistance area. I think that we can expect a retracement from that.

3️⃣ #USDJPY daily time frame 🇺🇸🇯🇵

The market continues a correctional movement lower.
The closest strong support that I see is based on a rising trend line.

I think that buying interest may spark again after its text.

4️⃣ #USDCHF daily time frame 🇺🇸🇨🇭

The price updated a historic low on Friday.
The next strong support that I see is based on a falling trend line.
We can expect a pullback from that.

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