• Vasily Trader

EURUSD: Market Breakdown & Technical Outlook

Hey traders,

Fundamental made EURUSD grow sharply on Friday.

With +0,5% net gain, the price reached a peculiar zone of confluence:

We have a perfect match between a horizontal daily structure resistance - 1.18 - 1.185

and the resistance line of an expanding wedge pattern.

At the beginning of next week, I will expect a pullback from the underlined zone.

Intraday goals will be 1.1775 / 1.176