EURUSD which is heavily on a downward trend seems to be having a pullback after closing the week with a greenish candle at 1.1056 which initially tested the level 1.0989.
For the coming week, if the pullback will be sustained at least for the week, we expect the price to react around the levels (after like two days or half week pullback)
1.1065,
1.1100
and 1.1150(for an extended move, probably change of direction if move pass 1.1150)
If the downward trend will be maintained, we will expect that to happen around 1.1100 to 1.1150.
We keep our fingers crossed and watch things as it unfolds.
For the coming week, if the pullback will be sustained at least for the week, we expect the price to react around the levels (after like two days or half week pullback)
1.1065,
1.1100
and 1.1150(for an extended move, probably change of direction if move pass 1.1150)
If the downward trend will be maintained, we will expect that to happen around 1.1100 to 1.1150.
We keep our fingers crossed and watch things as it unfolds.