EUR/USD – Week 26 – Bearish move expected.
In our past analysis, we correctly forecasted that EURUSD will begin a correction.
For this week, we expect the price to continue and consolidate towards the orange trendline and then drop below the support level. After that, in the coming weeks, we expect the price to break the $1.17 low.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
For this week, we expect the price to continue and consolidate towards the orange trendline and then drop below the support level. After that, in the coming weeks, we expect the price to break the $1.17 low.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
