**EURUSD:**
This week's forecast is for the price to be at the key level of 1.07409 and to rise to the top of the channel. Once at the top of the channel, there are two possible scenarios, one in which the price could continue to rise to the area between 1.09235 and 1.09528, and the other in which the price reverses at the top of the channel and descends to the area between 1.06664 and 1.06576.
This week, on Wednesday, we'll have news on inflation, and if the final figure is lower than expected, the price will break the upward channel.
This week's forecast is for the price to be at the key level of 1.07409 and to rise to the top of the channel. Once at the top of the channel, there are two possible scenarios, one in which the price could continue to rise to the area between 1.09235 and 1.09528, and the other in which the price reverses at the top of the channel and descends to the area between 1.06664 and 1.06576.
This week, on Wednesday, we'll have news on inflation, and if the final figure is lower than expected, the price will break the upward channel.