traderdxb1

EURUSD Technical Projection for the Week (24/02)

Short
FX:EURUSD   Euro / Dollaro
EURUSD has been trading sideways in the past 3 days until Friday last week. Anything goes this week can be a drop to previews low to complete a double-bottom or a breakout upward that takes the price back inside the bullish channel. I would like to see a double-bottom before the price recovers.

Bullish Scenario, with target at 1.5164
Bearish Scenario, with target at 1.12370

Disclaimer: This technical analysis is not to be treated as financial advice but solely for educational purposes only.

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