I have received a lot of questions concerning EURUSD and what can we expect the following weeks.
On Friday the pair retraced from a strong horizontal support and momentum is overwhelmingly bullish . I believe that next week bulls will push the market to retest the resistance of a major falling channel . Being retested, following historical perspective, I suppose that the pair will drop and at least the current market low 1.09 will be reached.
Midterm bias remains bearish and I will stick to in until the channel will be broken to the upside.
good luck!
please, like the idea and leave a comment. thank you!