abhivik

EURUSD Weekly forecast 12 November onward

Corto
FX:EURUSD   Euro/Dólar estadounidense
EUR has been in a bearish momentum for a very long time now and we will continue to see that happen.
Last week we saw EURUSD declining to almost again test the resistance at 1.130, which was also our target a week before that.
In the coming week, keeping in the mind the bearish structure, if we get a pullback, preferably at 1.1437, which has been tested multiple times in the past, we'll be looking for shorting opportunities with our target set at 1.1214 price zone.
If the price breaks our first target, our second target will be at 1.1119 price zone.
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