On $EURUSD this week, Price has broken through supply and now has some room to run. I would like to see price close above 1.1712 to really confirm this new rize up. This is the new high in the past two years and I think it could go up for a while from a technical analysis approach. The next weekly supply zone bottom is at 1.25 so we have a long way to go before for we see price hit it. Price has been in a uptrend and there doesn’t seem to be anything to stop it. However, I think that this coming week we will see price consolidate around in this area as it need to reform new demand and not expecting a huge push. To check out our full view click the link below and don’t forget to like and subscribe:
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