EURUSD: Weekly Forecast 9th January 2022
EURUSD dived over 100 pips on the first trading day, found support at 1.1286 throughout the week, and made a comeback on the last trading day.
The price is still trading within a consolidation pattern and a retest of the supply level at 1.1383 is highly expected.
This week, we will wait for the retest at 1.1383 and towards the 7-month falling trendline to look for a selling opportunity.
The price is still trading within a consolidation pattern and a retest of the supply level at 1.1383 is highly expected.
This week, we will wait for the retest at 1.1383 and towards the 7-month falling trendline to look for a selling opportunity.
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