EURUSD: Detailed Technical Outlook For Next Week 🇪🇺🇺🇸

6 May 2023

EURUSD is trading in a bullish trend on a daily.
However, for the last 2 weeks the price is stuck on a key daily resistance setting the higher lows.

I still believe that the market may go higher, though.
I see the signs of a bullish accumulation and a formation of the ascending triangle.

To confirm a bullish continuation, wait for a bullish breakout of 1.1095.
Daily candle close above that will confirm a violation.
A bullish continuation will be expected then to 1.115 level.

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