EUR/USD price to make move to upside next week or fall back down
Wagwan traders. The euro has been dominating the weak dollar lately and has now reached the big boy resistance level. This week alone price has attempted to break this resistance 3 times and failed. Price has ended the week being rejected by this resistance , for price to continue falling back down to 1.16000-1.17000 area it needs to break past 1.18500 and 1.18100 first, then in my opinion price will drop like a rock. If price doesn't drop past these levels then it may retest the zone again and most likely break it and move to the upside. So let me know what your predictions are , are you looking for long positions to the upside or do you think this resistance level is stronger than the hulks toe nails and price will go bye bye back to 1.17000 area. xx
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