eL-Professor

EURUSD overview and key levels for the next 2 weeks

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FOREXCOM:EURUSD   Euro / Dólar Americano
EURUSD has been in down trend since 26/May but after price hit the 2018 key level at 1.12167 we saw how price consolidated so hard (indication of losing power) and maybe a sign for end of the down trend and a beginning of gain

Our expectation if price could break above the 200 EMA is a test on the upper band of the descending channel then to break above to retest the resistance level at 1.15245

I will be looking forward to know what is your opinion and expectation for this pair

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Have a nice weekend!

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