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EURUSD: Detailed Analysis & What to Look at Next Week đŸ‡ȘđŸ‡șđŸ‡ș🇾

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VasilyTrader Uppdaterad   
OANDA:EURUSD   Euro / USA-dollar

Hey traders,

For the last 3 weeks, EURUSD remains very weak and indecisive.
The pair is currently trading within the boundaries of a horizontal trading range on a daily.

1.0095 - 1.0112 is its support.
1.02467 - 1.0295 is its resistance.

While the market stays within, consider buying its support and selling its resistance.
Alternatively, consider breakout trading:
Bullish violation of a resistance of the range will trigger a bullish continuation to a falling trend line,
while its bearish breakout will push the market back to 1.0 level.

I will post an update once I see a decent setup next week.

❀If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❀

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Check my new analysis on EURUSD, USDCAD, GBPCAD, GBPCHF:

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