EUR/USD – Week 42 – Important trendline ahead.
In our past analysis, we anticipated that the price will gain some bullish momentum and begin a consolidation phase.
For next week we will expect the pair to properly test the trendline and depending on the price action, if we get a sideways move underneath, we can see a continuation of the bullish trend.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
For next week we will expect the pair to properly test the trendline and depending on the price action, if we get a sideways move underneath, we can see a continuation of the bullish trend.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
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