Fxprotrader

EURUSD Two Possible Scenarios For The Upcoming Week

FX:EURUSD   Euro / U.S. Dollar
Price in EURUSD tests the lower parallel of a long term channel where we should have some action in the upcomig week. If it breaks above the wedge it's moving in, we should wait for a correction and a buy setup. Otherwise if we have a breakout below the parallel, we look for sell setups. I will update when either scenario happens.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.