DeGRAM | EURUSD forecast for the week. False breakout

At the end of the week, the EURUSD currency pair came close to the resistance at 1.13738. The approach was a large candlestick, which immediately indicates a dubious breakout of this level. The most likely scenario for the development of events for EURUSD for the coming week is a false breakdown of the level of 1.13738, a return of the price to the range of 1.12243 - 1.13738 and a decline in the price to the lower levels of this range.

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