Expected scenario for EURUSD on 4H timeframes
For the next week, I expect the price to reach the resistance level at 1.01370.
Then we need to know if the price will close today above 1.01334 which means the price has tested this previous support as resistance.
Next week we need to wait for the price to move around 1.01200 and then it will drop below the 1.01500 resistance to reach the lower levels of 1.00090 and 0.99130.
Then we need to know if the price will close today above 1.01334 which means the price has tested this previous support as resistance.
Next week we need to wait for the price to move around 1.01200 and then it will drop below the 1.01500 resistance to reach the lower levels of 1.00090 and 0.99130.