Welcome back! Here's an analysis of this pair!
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** Current technicals point to a bearish bias on the weekly of EU. After a deep push to the downside and minor correction, sellers struggled to break lower than 1240.
A break of above 1352 would signal next target at 1450 zone (previous weekly resistance). Volatility may begin to slow as we approach the holidays so don't expect major movement from this pair.
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
COMMENT BELOW and let us know your thoughts or questions!
** Current technicals point to a bearish bias on the weekly of EU. After a deep push to the downside and minor correction, sellers struggled to break lower than 1240.
A break of above 1352 would signal next target at 1450 zone (previous weekly resistance). Volatility may begin to slow as we approach the holidays so don't expect major movement from this pair.
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
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✅ TELEGRAM:
t.me/briankenyahorton
✅ YOUTUBE:
bit.ly/3oX4xF4
✅ INSTAGRAM:
bit.ly/3oV2a5D
✅ LEARN OUR STRATEGIES:
bit.ly/3KvYQbf