EURUSD: Price Action & Bullish Outlook

14 nov 2020

hey traders,

it looks like at least the beginning of the next week will be bullish for EURUSD.

the pair has perfectly respected a major falling trend line, and during the last two days, we see a steady bullish continuation from that.

looking left at structure, the closest strong resistance that we can identify is 1.18 - 1.19 zone based on a current local daily high.


in case if you didn't manage to join this movement, wait for a retest of a trend line because opening the position from current prices is very risky.