Euro / U.S. Dollar

EURUSD Forecast – $1.05087 and $1.05825 Range Breakout Needed

41
The $1.05087 and $1.05825 range is holding the price.

In the middle of the week we have a price trying to break outside of the range area above resistance $1.05825 level, but the price returned inside quickly.

We have now indecision for the price which must be defined by the breakout on the upside or downside.

The current support $1.05087 is stronger than $1.05825 as a resistance so this could be a decision factor next week.

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.