EURUSD: Important Zone to Watch Next Week 🇪🇺🇺🇸

Hey traders,

I remain very bearish biased on EURUSD.
Next week pay close attention to a confluence zone between a horizontal structure and a falling trend line on 4h.

That contracting area is our potential reversal zone.
Let the price reach that and then look for a confirmation to short.
Our confirmation is a price action reversal pattern.

Only then a bearish move will be expected at least to 1.114 level.

In case of a bullish breakout of the underlined zone,
the pair may keep growing.

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تعليق:

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