Get started
Euro / U.S. Dollar
Short

EURUSD: Market Breakdown & Technical Outlook 🇪🇺🇺🇸

By VasilyTrader
Updated
snapshot

Hey traders,

Fundamental made EURUSD grow sharply on Friday.
With +0,5% net gain, the price reached a peculiar zone of confluence:

We have a perfect match between a horizontal daily structure resistance - 1.18 - 1.185
and the resistance line of an expanding wedge pattern.

At the beginning of next week, I will expect a pullback from the underlined zone.
Intraday goals will be 1.1775 / 1.176

❤️Please, support this idea with a like and comment!❤️
Comment
Check my new idea on GBPJPY:
GBPJPY: Very Bearish Outlook 🇬🇧🇯🇵
dollarEUReuroEURUSDForexSupport and ResistanceTechnical AnalysisTrend LinesDJ FXCM IndexWedge
VasilyTrader
✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

💰Instagram: instagram.com/VasilyTrader/ 💰

✅Facebook: facebook.com/VasilyTrading/ ✅

Related publications

Disclaimer

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.