After dropping from 1.22420, EURUSD finally tested the strong support on 1.18790 and stalling there forming a ranging area. We see demand zone here quite strong absorbing all selling orders and this making price stop.
Next week, potentially EURUSD can rebound from support zone and moving higher to test again 1.22420.
So, my view is still bullish for EURUSD and now it is almost time to buy.
Next week, potentially EURUSD can rebound from support zone and moving higher to test again 1.22420.
So, my view is still bullish for EURUSD and now it is almost time to buy.