Hello traders!
Are you having a good weekend?
Euro/dollar analysis.
The daily trend is holding its upside, but the move is blocked by the weekly major zone around 1.1.
It was analyzed that at least one descent adjustment would be required to ascend.
If last Friday's decline continues, I would expect a decline to around 1.07.
After that, it would be good to set the position after watching whether it rebounds with support or breaks through.
We have a lot of important news next week!
I wish you a successful transaction.