mryoung
Long

EURUSD / D / Weekly Outlook

OANDA:EURUSD   Euro / U.S. Dollar
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Hello everyone, this is our weekly outlook for EURUSD pair for next week(s).

We are seeing nice triangle in play at the moment.

Should a breakout happen and daily & weekly candles close above resistance line - we should wait for pullback/retest and then go long.

If the price doesn't manage to break the resistance line, we should look for long opportunities from the support zone .

Target is on 1.25 area, if we see a break and close above then we are in a VERY bullish territory and we will probably see weekly resistance from 2008 being tested :)

Good luck!
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