Euro / U.S. DollarShort
EURUSD: Consolidation & Completed Indecision 🇪🇺🇺🇸
https://www.tradingview.com/x/FyW7wPEV/
EURUSD is currently trading within a narrow range between 2 solid horizontal structures.
Depending on the reaction of the price to the underlined zones, I see 2 potential scanarios.
Bullish
If the price breaks and closes above 1.1055,
I will expect a bullish continuation at least to 1.113.
Bearish
If the price breaks and closes below 1.091,
a bearish movement will be expected to 1.0855.
The inflation data is coming on Thursday and it will most likely be our catalyst.
❤️Please, support my work with like, thank you!❤️
EURUSD is currently trading within a narrow range between 2 solid horizontal structures.
Depending on the reaction of the price to the underlined zones, I see 2 potential scanarios.
Bullish
If the price breaks and closes above 1.1055,
I will expect a bullish continuation at least to 1.113.
Bearish
If the price breaks and closes below 1.091,
a bearish movement will be expected to 1.0855.
The inflation data is coming on Thursday and it will most likely be our catalyst.
❤️Please, support my work with like, thank you!❤️
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