Analysis on #EURUSD
The EURUSD formed a short-term trend line support and resistance as laid on the chart.
This week we have major news coming from major central banks of the world and that will definitely be a market mover.
I expect the EURUSD will break either direction
>> If the EURUSD breaks and closes above tren line resistance above 1.1100 it will continue up to test 1.1200.
>> If the EURUSD breaks and closes below tren line support below 1.0900 it will continue up to test 1.0800
⚡ Be aware due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis.
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Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only*