EURUSD Weekly Technical Forecast (1st Sept 20 - 4 Sept 20)

for the past week 24 Aug to 28 Aug we can see this pair was trading in the range of 1.1778 to 1.1.1848 (80 pips range)

on 28 Aug London session the pair finally broke through the upper range of 1.1848 and continue its uptrend formation

eurusd is now challenging the resistance zone @ 1.1946
the pair is forecasted to continue up higher if it successfully break its resistance

potential technical pattern of the "cup and handle" pattern is forming/formed

weekly crucial price level
trend : up trend, bias to go long
immediate support/resistance zone @ 1.1946
weekly major support #1 @ 1.1865
weekly major support #2 @ 1.1760