EURUSD: Important Resistance Ahead! Your Plan: 🇪🇺🇺🇸

٢ أكتوبر ٢٠٢٢

Hey traders,

EURUSD was nicely recovering this week.
Trading in a strong bearish trend, I will expect the next trend-following move
from the confluence zone based on 0.986 - 0.99 horizontal supply area
and the upper boundary of a major falling parallel channel.

Watch carefully the underlined blue zone next week.
Once it is reached, wait for a confirmation to sell.
I will post the update once I spot a decent trading setup.

Good luck to you next week!

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