EURUSD bulls tried to go past the 1.10 price mark last week, but it faced strong resistance in the new high at 1.10 ,
then it closed the week at the price of 1.079 due to the strength gained by the US Dollar because of the FOMC and NFP new reports last week,
and if you look at the picture, It was clearly a breakout trade of a rising wedge pattern in a weekly timeframe,
This week, During the Initial phase, may the price go down towards the Year opening price of 1.068 and because of the News and data release, EURO USD has a chance to go high towards the supply zone of 1.085 price mark
Strengthen Dollar move tries to accumulate strength because of News reports awaiting this week like the Fed chairman speech, FOMC member speech, and the University of Michigan's Consumer sentiment report
then it closed the week at the price of 1.079 due to the strength gained by the US Dollar because of the FOMC and NFP new reports last week,
and if you look at the picture, It was clearly a breakout trade of a rising wedge pattern in a weekly timeframe,
This week, During the Initial phase, may the price go down towards the Year opening price of 1.068 and because of the News and data release, EURO USD has a chance to go high towards the supply zone of 1.085 price mark
Strengthen Dollar move tries to accumulate strength because of News reports awaiting this week like the Fed chairman speech, FOMC member speech, and the University of Michigan's Consumer sentiment report
