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  • Vasily Trader

EURUSD: Technical Outlook & My Plan For Next Week



Hey traders,


Very important thing happened with EURUSD this week:

the price broke and closed above a resistance line of a falling wedge pattern.


Being quite overbought, the pair reached 1.19 horizontal structure resistance .


Next week I will expect a pullback from that and I will look for buying opportunities from a broken resistance of the wedge .

I will look for confirmation on 4h/1h time frame before I buy.


For goals I would consider 1.19 / 1.197 levels

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