strong usd closing week, possible pull-back before rallies
eurusd bears fail to go below 1.18 last week, possible new bullish trend ahead
- inside channel - fibo retracement - key retrace/support level @ 1.3
still inside structure since my previous post on EURNZD, awaiting breakout.
cup and handle formed, price once break resistances level
Personally I feel the it will bears will break the structure to 145.6xx descending triangle pattern formed. Feel free to comment.
expected price to reach 1.14x-1.15x
- Hit support - fibo retracement @ 0.382 - trend = UP TREND