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MarcellusLUX

EUR/USD outlook and prediction for the upcoming week

Euro / Dólar Americano (OANDA:EURUSD)  
MarcellusLUX  
OANDA:EURUSD   Euro / Dólar Americano
Trend Analysis Chart Patterns Beyond Technical Analysis EURUSD eurusdshort eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdanalysis eurusdtrade eurusdoutlook
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trendanalysis chartpattern beyondta eurusd eurusdshort eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdanalysis eurusdtrade eurusdoutlook
EUR/USD is on a strong uptrend since 1.17 and current price is just under 1.20 level.
However, things have slowed down a bit and the daily ranges are getting smaller.

Currently, price is in a resistance level. We got a bearish candle at the resistance followed
by a bullish candle. So, no trade signal can be deduced from this price action.

The best approach is to wait for a either a bearish candle to take sell entries or a bullish
candle that breaks through the resistance. I will be providing updates throughout the week
to help you make informed trading decisions.
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