financialflagship

EUR/USD – Week 20 – One more top ahead.

Long
FX_IDC:EURUSD   Euro / Dollar Américain
The dollar edged lower in early European trade Friday, taking a breather after the week’s gains, as traders digest the latest inflation data and the potential impact on Federal Reserve policy.
In our past analysis, we anticipated EURUSD to find some resistance and start a bearish correction.
For this week, we expect the price to make a small pullback and continue rising, breaking the previous top.
Trade with care.

Best regards,
Financial Flagship

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.

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