EURUSD: What to expect next week

17 Ağu 2019

EURUSD is trading within a narrow falling parallel channel.
most likely the market will keep this tendency until it approaches strong demand zone 1.103-1.105.
My plan is:
1 - Let the market reach the demand zone
2 - Wait for a bullish violation of a channel (candle close above)
3 - Buy with target 1.1115/ stop below the demand zone

good weekend to all of you, guys