Euro / U.S. Dollar
Short

EUR/USD Outlook: Sweep, FVG, and Breakdown — 1.0800 Next?

104
EUR/USD Weekly Forecast

After a major and minor sweep near 1.1150, EUR/USD closed two consecutive bearish weeks, signaling a clear shift in momentum. Last week also confirmed a change of character, creating liquidity around 1.1270 and forming a daily Fair Value Gap at 1.1370, which has now been filled.

We expect the week to open bearish, targeting:
• 1.0900 (first liquidity zone)
• 1.0800 (main demand/discount area)
• Possibly even 1.0600 (extreme swing level) if momentum continues

Bias: Bearish
Key Zones:
• Resistance / FVG: 1.1370
• Target 1: 1.0900
• Target 2: 1.0800
• Extreme: 1.0600

Momentum is with the dollar, and EUR/USD still has room to drop toward the deeper demand areas.


Weekly forecast by Sphinx Trading
What’s your bias this week?

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