EURUSD Technical Projection for the Week (07/10)

EUR/USD has a strong bearish move last week breaking support at 1.14628. Now resting on Fibonacci Support, EUR/USD is expected a short-term pullback which can go all the way to 1.18155 in respect to the developing upward channel.

Bullish Scenario, with targets at 1.17137 and 1.18139.
Bullish Scenario, with target at 1.12988

Disclaimer: Technical Projections are not to be treated as financial advice but solely for educational purposes only.