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Frano_Grgic
May 7, 2022 4:33 AM

EURUSD Forecast – Wait for a Breakout  

Euro / US DollarEightcap

Description

Previous EURUSD forecast talked about price making a retrace to $1.06736 and the price retraced, but only to $1.06410.

Thing is that the price is now in the indecision area where we need to wait for a breakout.

Next week we need to wait for the price to break out from this range.

$1.05825 is the first target for the bulls that must be broken and retested to verify the breakout.
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