AlgoVenture

EURUSD: Weekly Forecast 25th - 29th Nov

Kort
FX:EURUSD   Euro / USA-dollar
Another forecast came true as EURUSD fell from a supply zone at the neckline of a double top formation.
With the major trend intact, the price may begin with the 2nd bearish wave this week.
However, the price might still find support from 1.1000 and rebound off to a higher price.
And should the price gets supported and climbs, look for another opportunity to sell around 1.1055.
More specific trading idea will be shared in the coming daily forecast. Stay tuned!
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