EURUSD Aug. 2, 2024

As expected we are in range still, on weekly also, but at current stage
DXY expected to be weak untill the end of this year.
All currencies appearing in this post are fictitious.
Any resemblance to real currencies, existing or dead, is purely coincidental.
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You can clearly see that 1.0980 was key level as previous top within wave B and weekly trendline resistance. Market as usually play some hide and seek around this key level and broke to the upside. Next major rumble level at ~ 1.14 and I expect to see next rumble there.
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Chart PatternsTrend Analysis

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