EURUSD: Technical Outlook & My Plan For Next Week 🇪🇺🇺🇸

5 בספט׳ 2021

Hey traders,

Very important thing happened with EURUSD this week:
the price broke and closed above a resistance line of a falling wedge pattern.

Being quite overbought, the pair reached 1.19 horizontal structure resistance.

Next week I will expect a pullback from that and I will look for buying opportunities from a broken resistance of the wedge.
I will look for confirmation on 4h/1h time frame before I buy.

For goals I would consider 1.19 / 1.197 levels

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6 בספט׳ 2021

הערה

Check my new analysis on USDCHF: