EURUSD: Market Breakdown & Technical Outlook
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