Last week EURUS went down and up to break (but didn't close above) the market structure. It looks like the bullish trend is slowing down into an ending diagonal. Still there could be some more upside for this pair.
So for next week we could see more upside to finish the ending diagonal (wave 5).
Let's see what the market does and react.
Trade idea: Trade (short term) longs after the finish of a correction down on a lower timeframe.
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This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals.
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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.