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VasilyTrader
Aug 29, 2021 7:22 AM

EURUSD: Market Breakdown & Technical Outlook 🇪🇺🇺🇸 Short

OANDA:EURUSD60
EUR/USDOANDA

Description

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Hey traders,

Fundamental made EURUSD grow sharply on Friday.
With +0,5% net gain, the price reached a peculiar zone of confluence:

We have a perfect match between a horizontal daily structure resistance - 1.18 - 1.185
and the resistance line of an expanding wedge pattern.

At the beginning of next week, I will expect a pullback from the underlined zone.
Intraday goals will be 1.1775 / 1.176

❤️Please, support this idea with a like and comment!❤️
Trend AnalysisChart PatternsWave AnalysisEURUSDDJ FXCM IndexeurodollarForexTechnical Analysis
Comments
infsey
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According to your previous analysis, the price successfully touched to 1.18. What do you think now? That we should wait for the breakout to sell. Or the breakout is done already
VasilyTrader
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@infsey, I am publishing a video analysis now
Please, check
VasilyTrader
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What is your view on EURUSD?
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