EURUSD: Your Trading Plan For Next Week ๐ช๐บ๐บ๐ธ
https://www.tradingview.com/x/M6nPM4PU/
EURUSD is currently stuck within a horizontal trading range on a daily.
Depending on the reaction of the price to its boundaries, I see 2 potential scenarios.
If the price breaks and closes below the support of the range.
I will expect a bearish trend continuation at least to 1.0855 support.
If the price breaks and closes above 1.106 resistance,
a bullish continuation will be expected to 1.1125 level.
Wait for a breakout, that will show you the future direction of the market.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
EURUSD is currently stuck within a horizontal trading range on a daily.
Depending on the reaction of the price to its boundaries, I see 2 potential scenarios.
If the price breaks and closes below the support of the range.
I will expect a bearish trend continuation at least to 1.0855 support.
If the price breaks and closes above 1.106 resistance,
a bullish continuation will be expected to 1.1125 level.
Wait for a breakout, that will show you the future direction of the market.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
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