my outlook next week
first thing to note price is now hovering at a resistance area. We significantly broke a trendline and a strong weekly close.
if price momentum pushes up i would be looking for a break and retest for a push up to the swing order block
daily usdollar index seems to be eyeing the daily order block test
this could support the thesis
weems we are in for more eur bullish for next week unless theres a fundamental catalyst but so far it seems that fed is on a change of gear in terms of interest rate hike that's fuelling risk on pairs
first thing to note price is now hovering at a resistance area. We significantly broke a trendline and a strong weekly close.
if price momentum pushes up i would be looking for a break and retest for a push up to the swing order block
daily usdollar index seems to be eyeing the daily order block test
this could support the thesis
weems we are in for more eur bullish for next week unless theres a fundamental catalyst but so far it seems that fed is on a change of gear in terms of interest rate hike that's fuelling risk on pairs