EURUSD: What to Look At Next Week 🇪🇺🇺🇸

2022年8月13日

Hey traders,

EURUSD is currently stuck between 2 major structures:
from one side we have a confluence zone based on a rising trend line and a horizontal demand zone 1.0245 - 1.0295
from another - major daily supply zone 1.0348 - 1.04085.

To catch the next move, I would suggest waiting for a breakout of one of these zones.
Bullish breakout of a resistance will trigger a bullish continuation at least to 1.048.
Bearish breakout of a confluence zone will push the market to 1.013 level.

For now, stay patient and wait for a breakout.

Good luck next week!

❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️

2022年8月14日

註釋

Check my new idea on GBPUSD: