EURUSD Weekly Outlook
EURUSD has broken back up above the weekly support/ resistance level, and we are seeing a lot of bullish pressure. Could this be a reversal in the downtrend?
We will be looking for sell signals at the upcoming resistance level for evidence of the continuation of the downtrend.
Otherwise we will be looking to buy on higher lows if indeed a new uptrend is established.
We will be looking for sell signals at the upcoming resistance level for evidence of the continuation of the downtrend.
Otherwise we will be looking to buy on higher lows if indeed a new uptrend is established.
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