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VasilyTrader
Dec 16, 2019 6:49 AM

EURUSD: What to expect this week??? Long

Euro Fx/U.S. DollarFXCM

Description



hey traders,

last week EURUSD has broken above a major trendline on the daily
with a higher low formation a couple of days before.

after a breakout, we saw a retest of a broken trendline.

I believe that this week we may anticipate the retest of the recent market high 1.118
and potential bullish breakout of it with continuation to the next resistance 1.125
Comments
nakarmi
I believe it's going to be a bearish move because it's on a resistance line and a shooting star candlestick can be seen as well on the daily.
VasilyTrader
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