EUR/USD – Week 32 – New low expected.
In our past analysis, we correctly forecasted that EURUSD will start a bearish move from the orange trendline. This move was triggered by the better-than-expected NFP and unemployment rate data that came out on Friday.
For next week we anticipate the price to make a small correction and 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 next week we anticipate the price to make a small correction and 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.
