The uptrend in EURUSD is uphold. At the beginning of the new week we're expecting a correction, after which we will see higher values again.
The possibilities for correction are:
- small correction up to 1.1240
- large correction to the range of 1.1065-1.1150
In case of repulsion from the zone, look for buy orders and new peaks to the resistance levels:
1.1368
1.1462
The important news this week will be on Wednesday.
Fed Interest Rate Decision and FOMC Press Conference after which we expect to see more movements!
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