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EURUSD: Your Trading Plan For Next Week

Por VasilyTrader
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Hey traders,

It turned out that EURUSD started to consolidate and trade in a sideways market.

The price is trading on a strong daily structure and stuck in a narrow horizontal trading range.

Now the future direction of the market will be determined by a breakout:
  • In case of a bullish breakout, I will expect a continuation to 1.204 level
  • In case of a bearish breakout, the price will most likely drop to 1.189


I am bearish biased and have an active short position.
But if you don't have any active position, it is better to wait right now.

❤️Please, support this idea with a like and comment!❤️

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Nota
Check my new idea on CADCHF:
CADCHF: Waiting For Breakout
Chart PatternsdollareuroEURUSDForexTrend AnalysisWave Analysis
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