EURUSD | Perspective for the new week

Actualizado
The recovery of the Euro in the last couple of weeks doesn't seem to be strong enough to break through the supply zone around 1.02500; hereby giving the impression of strength for the Dollar.

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Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
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Past performance is not necessarily indicative of future results.
Operación activa
In as much as I am exciting a bearish momentum; the pattern since the beginning of the week has been projecting a bullish expectation as it appears the price wants to continue to respect the bullish trendline. Hence the breakout retest of the key level at 1.02000 should support a bullish momentum in the mean time while we wait for the bearish move.

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Operación activa
We are not ignoring the possibility of a bearish momentum as a breakdown/retest of the bullish trendline will be mature to scale in.

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Good afternoon
Operación activa
Price remains above the key level at $1.02000 and we finally witness what seems to be a breakout of the green bearish trend line. I want to allow this candle to close to prepare for a bullish opportunity at a retest of structure.

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Good morning
Operación activa
The bullish tendency remains valid as long as the price oscillates above the key level at $1.02000

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Good morning
Operación cerrada: objetivo alcanzado
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Chart PatternsEURUSDeurusdanalysiseurusdforecasteurusdsignalsreversalpatternSupply ZoneTrend Analysistrendcontinuationpatterns

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